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Panera Relaxes Standards Pre-IPO
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Overview
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Panera Bread is easing animal welfare and ingredients standards as it readies for an IPO, removing key phrases and permitting antibiotic use in pork and turkey products. Internal documents disclose a shift towards feeding chicken and cattle animal product-containing feed.
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How might Panera's decision impact consumer trust and loyalty?
What ethical considerations should fast-food chains prioritize in their sourcing and supply chain decisions?
Will Panera's IPO prospects be affected by this change in standards?
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