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Meet Paris Baguette, one of the fastest growing bakery-cafésMeet Paris Baguette, one of the fastest growing bakery-cafés

With unit growth of more than 25% and sales growth of 36%, this Korean-American restaurant has a lot of momentum.

Joanna Fantozzi, Senior Editor

June 22, 2023

2 Min Read
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Paris Baguette — a South Korean bakery and café chain with U.S. operations based in New Jersey — has exploded in growth over the last several years. From 2021 to 2022, the mid-sized chain grew by 25%, opening 24 stores in 12 months, with substantial expansion plans in the works for the future (this year, the company has already opened 18 locations). By the end of 2023, Paris Baguette expects to have 200 bakeries open, which would double its footprint in just two years.

Much of this massive growth comes from the fact that the brand has very little competition in the space. Whereas most of Paris Baguette’s bakery-café competitors have drifted over into sandwiches and other lunch items, Paris Baguette almost exclusively focuses on baked goods and beverages. 

“We’ve reset the entire brand over the past three years,” Darren Tipton, CEO of Paris Baguette, told Nation’s Restaurant News in an interview earlier this year. “If you look at how we’ve come out of the pandemic to now, it’s very exciting. No one is doing what we’re doing. About 80% of what we sell is bread, pastries, and cake, and we’re going to stay true to who we are.”

The Paris Baguette team’s strategy of becoming the No. 1 brand in the strictly-bakery segment instead of expanding to other menu categories is working. Right now, the brand is heavily situated on both coasts in the U.S., but it has plans to expand to middle America and open up neighborhood bakeries in more cities soon.

Related:Snapshots of Success: How these 9 restaurant chains thrived in 2022

In 2022, Paris Baguette expanded its beverage program with the announcement of a partnership with Lavazza. The partnership not only provided new coffee options for customers, but also enhanced digital marketing initiatives, like the reusable cup for Earth Day promotion that was designed by TikTok artist Matt Chessco.

The company also began rolling out a new store design with a modern café layout, digital menuboards and new omnichannel capabilities for mobile and digital orders. The new store designs take inspiration from French bakeries and bistros, Tipton said, are open kitchen concepts, and more prominently showcase the array of pastries and cakes for sale. Tipton described the new design as a “throwback to classic mom and pop bakeries.”

“We took the pandemic to reset the American model,” Tipton said. “For us, it was really about reestablishing the neighborhood bakery, which is a heart of the community. … Our new prototype I think really reflects and represents who we are in the industry. Our AUVs and our results are really strong, and … we could be looking at 100 openings a year in 2024 and beyond.”

Related:How Paris Baguette is winning in the bakery-café category

In 2022, Paris Baguette’s sales growth grew by 36% to $257.2 million in annual sales, and the company jumped up 22 spots on the NRN Top 500 to the 159 spot.

Contact Joanna Fantozzi at [email protected]

About the Author

Joanna Fantozzi

Senior Editor

Joanna Fantozzi is a Senior Editor for Nation’s Restaurant News and Restaurant Hospitality. She has more than seven years of experience writing about the restaurant and hospitality industry. Her editorial coverage ranges from profiles of independent restaurants around the country to breaking news and insights into some of the biggest brands in food and beverage, including Starbucks, Domino’s, and Papa John’s.  

Joanna holds a bachelor’s degree in English literature and creative writing from The College of New Jersey and a master’s degree in arts and culture journalism from the Craig Newmark Graduate School of Journalism at CUNY. Prior to joining Informa’s Restaurants and Food Group in 2018, she was a freelance food, culture, and lifestyle writer, and has previously held editorial positions at Insider (formerly known as Business Insider) and The Daily Meal. Joanna’s work can also be found in The New York Times, Forbes, Vice, The New York Daily News, and Parents Magazine. 

Her areas of expertise include restaurant industry news, restaurant operator solutions and innovations, and political/cultural issues.

Joanna Fantozzi has been a moderator and event facilitator at both Informa’s MUFSO and Restaurants Rise industry events. 

Joanna Fantozzi’s experience:

Senior Editor, Informa Restaurant & Food Group (August 2021-present)

Associate Editor, Informa Restaurant & Food Group (July 2019-August 2021)

Assistant Editor, Informa Restaurant & Food Group (Oct. 2018-July 2019)

Freelance Food & Lifestyle Reporter (Feb. 2018-Oct. 2018)

Food & Lifestyle Reporter, Insider (June 2017-Feb. 2018)

News Editor, The Daily Meal (Jan. 2014- June 2017)

Staff Reporter, Straus News (Jan. 2013-Dec. 2013)

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