Panera, Chipotle, and the Upstarts Nibbling Away at the Restaurant Giants

Fast-food giants and casual sit-down chains alike have trembled for years at the unstoppable rise of the fast-casual restaurants. Unable to lift sales, McDonald’s and Applebee’s are both trying to figure out how to excite customers as all the buzz—and sales growth—moves toward such joints as Chipotle Mexican Grill and Panera Bread.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.