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Postles awarded franchises for more Panera units

MEMPHIS Tenn. Panera Bread franchisees Rick and Rosemary Postle have secured rights to open 12 units in the greater Memphis area, including the northern part of Mississippi, the chain said.

The Postles already operate eight Panera bakery-cafes in Virginia through their Blue Ridge Bread Inc. holding. The new stores will be operated by a separate company, Delta Dough Inc.

Rick Postle is a former president of Panera Bread and its predecessor company, St. Louise Bread Co. Inc. He has also served in high-level executive positions at Checkers Drive-In, KFC, I Can’t Believe It’s Yogurt and Wendy’s. He and his wife have been Panera franchisees since 2004.

"We are excited about our expansion into the Memphis area," Rick Postle said in a statement. "We have enjoyed tremendous success in Virginia and look forward to the opportunity to broaden our reach and bring Panera to even more communities."

Richmond Heights, Mo.-based Panera Bread operates or franchises 1,115 bakery-cafes under the Panera Bread and St. Louis Bread Co. names.

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