A little-known connection ties two of America’s most popular fast-casual sandwich chains, despite their fierce competition for market share. While one brand leads the sector, the other closely mirrors its menu and business model, raising questions about industry strategy. The relationship between them goes deeper than mere rivalry, with shared corporate roots that have shaped their growth. For food industry watchers, this dynamic offers fresh insight into how branding and competition play out in the fast-casual space.
Panera dominates the U.S. fast casual sandwich market, but shares the space with one closely-modeled chain. You may not know that the two are related.