Panera Bread has announced that it may relocate its corporate headquarters from St. Louis to Boston when its corporate leases (in Richmond Heights and Brentwood) expire in 2010.

I’d blame this on bad governmental policy if I could (oh, I wish I could), but Panera claims that the move is necessary in order to consolidate business units, and also because it has had difficulty in finding the right office space for its expanding staff in the St. Louis metro area.

Besides, it’s not like business is going to be any cheaper in Taxachusetts.