Panera Bread at 18141 Town Center in Olney appears to be nearing a permanent closure, with multiple signs pointing to the end of operations in the coming weeks.
Over the last couple weeks, several employees have shared that the location is expected to close in late May or early June. Today, an employee shared that he believes the store will close at the end of May. Communication from corporate has been notably absent, with outreach going unanswered.
There has been movement behind the scenes for several months. The space has been listed as “available” in leasing materials since at least last summer, suggesting plans to backfill the location have been in motion for some time. More recently, that status shifted to “negotiating,” signaling that a new tenant may already be in the works.
Speculation about what could replace Panera has been circulating locally, with First Watch emerging as the most frequently mentioned possibility. However, no official announcement has been made, and the future tenant remains unconfirmed.
