Who Bought Pain Quotidien?

by | Last updated on January 24, 2024

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Fast-casual restaurant Le Pain Quotidien — which was purchased by NYC-based

hospitality group Aurify

after filing for bankruptcy in May — is plotting a massive citywide expansion for 2021. As part of the comeback, LPQ will open 10 additional locations across the city, all in spaces formerly occupied by Maison Kayser.

Is Le Pain Quotidien out of business?

Le Pain Quotidien, the casual Belgian eatery, a longtime staple of Larchmont, closed down during the pandemic and briefly re-opened, but was shuttered again as

the business' parent company filed for bankruptcy

.

Who bought Maison Kayser?


Aurify Brands LLC

has bought Maison Kayser's New York City locations out of bankruptcy and plans to convert at least 10 of them to Le Pain Quotidien , the New York-based multi-concept operator said Monday.

Who owns Lpq?

Struggling bakery and cafe chain Le Pain Quotidien has sold all of its 98 United States locations for just $3 million to New York-based food brand

Aurify

, which operates other fast-casual spots like the Melt Shop, Fields Good Chicken, and the NYC locations of Five Guys, Nation's Restaurant News reports.

How many locations does Le Pain Quotidien have?

Seven years later, Alain's dream to open in the United States was realized with a flagship bakery on Madison Avenue in New York City, and now, his vision of fresh-baked, traditionally made bread has become a tradition for neighbors and friends at

over 260 Le Pain Quotidien locations

throughout the world.

Why did Le Pain Quotidien fail?

In June, Le Pain Quotidien sold all 98 of its U.S. locations to Aurify for a paltry $3 million. The office lunch chain had been struggling for years due to competition from restaurants like Pret a Manger and Dig, but those issues were only made worse with the onset of the pandemic.

What is the meaning of Le Pain Quotidien?

Le Pain Quotidien means

the daily bread

. And to us, that means everything. It's much more than mere sustenance; it's a way of life. As our loaves emerge from the ovens, warm and fragrant, friends gather around our communal tables to share in the time-honoured tradition of breaking bread.

Is Maison Kayser ever reopening?

An ironic outcome… Maison Kayser's French bakeries will be transformed into Le Pain Quotidien, its main competitor in New York. … Maison Kayser USA, like many restaurants in New York City, suffered greatly from the closure of businesses during the pandemic, and

chose not to reopen its terraces over the summer

.

Are any Maison Kayser still open?


All locations still remain closed

, however, according to the cafe's website. It is unclear if Maison Kayser will also be set to open back up eventually, too. (Related: 15 Classic American Desserts That Deserve a Comeback.)

Why did Maison Kayser closed in NYC?

The bakery had been reportedly

looking to downsize following a failed national expansion push

, and was working to close down low-performing locations prior to the start of the pandemic, according to Bloomberg.

Can you book Le Pain Quotidien?


Reservations are not required at

Le Pain Quotidien.

Does Le Pain Quotidien have WIFI?

Review of Le Pain Quotidien. Description: We're a Belgian bakery and restaurant serving simple, wholesome and seasonal food.

Is pain French for bread?


Pain al'Ail

— Okay, so breaking down the word will give us Pain, which means ‘bread' and al'Ail, which literally translates to ‘With Garlic'.

Does Le Pain Quotidien serve wine?

Food tasty,

wine not so

. Lunch was very tasty. Fresh and beautifully presented. Staff were very helpful and friendly.

What happened to Maison Kayser?

My job would have been eliminated no matter what happened.” After closing all of their bakeries in March, Maison Kayser USA

declared bankruptcy last September

. They have since been bought out by Aurify Brands, which will transform their boutiques into Le Pain Quotidien locations, their former rival.

Does Le Pain Quotidien have gluten free bread?

At Le Pain Quotidien,

the gluten free bread

is fresh, fluffy and tasty. Once you toast it, it gets even better. I love it for breakfast, with jam and some fruit: so tasty yet so light. Or for a quick lunch, I can't resist to eat it with shrimps, avocado, lemon and dill – one of my favourite gluten free sandwich ever.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.