OPPapers.com Essay Index >> Miscellaneous >> International House Of Pancake History
We have many free term papers and essays on International House Of Pancake History. We also have a wide variety of research papers and book reports available to you for free. You can browse our collection of term papers or use our search engine.
International House of Pancake History IHOP was not always a multinational conglomerate. It is now one of the nations leading sit down, cheap restraint chains. With
mind and tried to persuade Yoko Ono to join him in a joint bid, she declined, so he pulled out. Jackson eventually beat off the rest of the competition in negotiations
Submitted by Jackass6926 on May 9, 2005
Category: Miscellaneous
Words: 1386 | Pages: 6
Views: 211
Popularity Rank: 68,351
Average Member Grade: N/A (Add a Comment / Grade this Paper)
IHOP was not always a multinational conglomerate. It is now one of the nations leading sit down, cheap restraint chains. With over 1,000 locations world wide it is a commonly known restraint. As of recent IHOP has had a 52-week high of 39.4 and a low of 27.04. Recently, IHOP rang the bell of the NYSE in celebration of the kick-off of the National Pancake Day (March 4) and the launch of a brand rejuvenation strategy for IHOP, which celebrates its 45th year in business this July. In honor of the occasion, Julia A. Stewart, President, CEO, COO rang the bell.
Before laying out the entire history of the International House of Pancake here is some simple background information: IHOP Corp. is a family restaurant chain that serves a wide variety of breakfast, lunch and dinner selections. Offering more than 16 types of pancakes, as well as omelettes, breakfast specialties, burgers, chicken and steaks, IHOP's menu is designed to appeal to people of all ages. IHOP restaurants are developed, operated and franchised by the Company. As of December 31, 2003, there were 1,165 IHOP restaurants in 48 states and Canada to be exact.
In 1958, IHOP Corp. traces started up by opening of the first International House of Pancakes restaurant in a suburb of Los Angeles, Toluca Lake, California. The American eating public quickly took to the concept of a restaurant based on one of America's favorite foodsÂ…. pancakes. Within four years the number of units had increased to nearly 50, with many of the restaurants being operated by franchisees. That is incredible when you think about it since it takes a while to start up a franchise. Obviously past, present, and future
In 1961 the company became publicly traded under the name International House of Pancakes. The remainder of the decade was a time of acquisition for the company. The company acquired both food and non-food businesses during this period with a strategy of becoming "The Franchise Company." Because of these...
You must Login to view the entire paper.
If you are not a member yet, Sign Up for free!