The people who own Panera Bread used to own Au Bon Pain before they sold it to another corporation. There is a non-competetive agreement between Au Bon Pain and Panera now. If there are currently Au Bon Pain's in the area, they can not open up a Panera. Steve, your Au Bon Pain's must have been owned by the owners of Panera, and thus weren't sold with the brand. Which is why they have been converted over to Panera's. We have Panera her and it's MUCH better than Au Bon Pain, my staple when I used to work in NYC. There will never be a Panera there though, since Au Bon Pain has such a hold on NYC.