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NPC International
NPC International was one of the largest restaurant franchisees and was one of the largest restaurant operators of any kind in the United States. NPC was the largest franchisee of both Pizza Hut and Wendy's, and owned more than 1,200 Pizza Hut locations and 385 Wendy's locations until March 2021. O. Gene Bicknell opened his first franchised Pizza Hut restaurant in Pittsburg, Kansas in 1962. In 1984, Bicknell and NPC went public, finishing the decade with 320 locations. In the 1990s, NPC acquired, and then later sold, both Skippers Seafood & Chowder House and Tony Roma's restaurant chains. Under the leadership of CEO Jim Schwartz, the company went private in 2001 and underwent two separate private equity acquisitions in 2006 and 2011. In 2013, NPC acquired its first Wendy's restaurants. NPC filed for Chapter 11 Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorga ...
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Pizza Hut
Pizza Hut is an American multinational restaurant chain and international franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney. They serve their signature pan pizza and other dishes including pasta, breadsticks and dessert at dine-in, take-out and delivery chain locations. They also serve chicken wings on their WingStreet menu. The chain headquartered in Plano, Texas, operates 17,639 restaurants worldwide as of 2020, making it the world's largest pizza chain by number of locations. It is owned by Yum! Brands, Inc., one of the world's largest restaurant companies. History Pizza Hut began on May 31, 1958, by two brothers, Dan and Frank Carney, both Wichita State students, as a single location in Wichita, Kansas. The now famous little brick building was close to their childhood home and stomping grounds. The Carney brothers grew up in the College Hill neighborhood amongst many life long Wichita families where tree-lined streets were filled with historical home ...
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Wendy's
Wendy's is an American international fast food restaurant chain founded by Dave Thomas (1932–2002) on November 15, 1969, in Columbus, Ohio. Its headquarters moved to Dublin, Ohio, on January 29, 2006. As of December 31, 2018, Wendy's was the world's third-largest hamburger fast-food chain with 6,711 locations, following Burger King and McDonald's. On April 24, 2008, the company announced a merger with Triarc Companies Inc., a publicly traded company and the parent company of Arby's. Wendy's headquarters remained in Dublin. Following the merger, Triarc became known as Wendy's/Arby's Group, and later as the Wendy's Company. As of December 31, 2018, there are a total of 6,711 Wendy's outlets, including 353 that are company-owned and 6,358 that are franchised; 92% of all the locations are in North America. While the company determines standards for each store's exterior appearance, food quality, and menu, the store owners have control over hours of operations, interior decor, ...
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Eldridge Industries
Eldridge Industries LLC is an American holding company headquartered in Greenwich, Connecticut, with offices in New York City, London, and Beverly Hills. Eldridge makes investments in various industries including insurance, asset management, technology, sports, media, real estate, and the consumer sector. History Eldridge was formed in 2015 by CEO and Chairman Todd Boehly, President Anthony D. Minella, and General counsel Duncan Bagshaw, after Boehly purchased Dick Clark Productions, ''Billboard'' and ''The Hollywood Reporter'', and Mediabistro from Guggenheim Partners. Eldridge owns CBAM Partners, an SEC-registered investment advisor. In 2019, Eldridge increased its investment in Maranon Capital, an investment manager, resulting in Eldridge holding a majority ownership stake in the company. In December 2020, Eldridge provided financing to Ark Invest, allowing ARK founder Cathie Wood to remain majority shareholder of the company. In January 2021, the College of William & Mary ...
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Pittsburg, Kansas
Pittsburg is a city in Crawford County, Kansas, United States, located in southeast Kansas near the Missouri state border. It is the most populous city in Crawford County and southeast Kansas. As of the 2020 census, the population of the city was 20,646. It is home of Pittsburg State University. History On October 23, 1864, a wagon train of refugees had come from Fort Smith, Arkansas, and was escorted by troops from the 6th Kansas Cavalry under the command of Col. William Campbell. These were local men from Cherokee, Crawford, and Bourbon counties. Their enlistment was over, and they were on their way to Fort Leavenworth to be dismissed from service. They ran into the 1st Indian Brigade led by Maj. Andrew Jackson Piercy near the current Pittsburg Waste Water Treatment Plant. They continued to the north when a small group of wagons broke away in an unsuccessful rush to safety. The Confederate troops caught up with them and burned the wagons. The death toll was three ...
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Skippers Seafood & Chowder House
Skippers Seafood & Chowder House is a group of independently owned and operated locations licensed by Harbor Wholesale. There are currently licensed Skippers restaurants operating in Washington. Skippers also produces retail sizes and industrial sizes of Skippers clam chowder, tartar sauce, cocktail sauce, and coleslaw dressing. The retail items are sold in grocery stores, convenience stores and over the Internet. There are over 50 Skippers fleet locations operating under limited license agreements with Harbor Wholesale. Skippers and the Pacific Northwest Coast is known for great seafood. For over half a century, Skippers has been bringing the fresh seafood and quick service of traditional coastal fish & chip huts to the greater Pacific Northwest region and beyond. With the seafood sourced and processed right here in the Pacific Northwest, they are keeping true to the local roots. There are no extra links in the supply chain. This benefits the local economies, but it also means ...
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Tony Roma's
Romacorp Inc., which doing business as, does business as Tony Roma's, is an American casual dining chain restaurant specializing in Ribs (food), baby back ribs. The first location was established by the founder, Tony Roma, in 1972 in North Miami, Florida. Clint Murchison Jr. purchased a majority stake in the restaurant in 1976, and he and Roma established the jointly owned Roma Corporation. The first international location opened in 1979 in Tokyo, followed by an international expansion with both company-owned stores and Franchising, franchises. As of 2020, there are over 115 locations on six continents. History 1972−1999 Tony Roma, the driving force and namesake behind the casual dining eatery, opened the first Tony Roma's in North Miami on January 20, 1972. Prior to opening his self-named restaurant, Tony Roma was the food and beverage specialist for the Playboy Club. Originally a steak and burger restaurant, one weekend, chef David Smith grilled baby back ribs and served th ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December 2019. The disease quickly spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 are variable but often include fever, cough, headache, fatigue, breathing difficulties, Anosmia, loss of smell, and Ageusia, loss of taste. Symptoms may begin one to fourteen days incubation period, after exposure to the virus. At least a third of people who are infected Asymptomatic, do not develop noticeable symptoms. Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms (dyspnea, Hypoxia (medical), hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms (respiratory failure ...
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Restaurant Groups In The United States
A restaurant is a business that prepares and serves food and drinks to customers. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services. Restaurants vary greatly in appearance and offerings, including a wide variety of cuisines and service models ranging from inexpensive fast-food restaurants and cafeterias to mid-priced family restaurants, to high-priced luxury establishments. Etymology The word derives from early 19th century from French word 'provide food for', literally 'restore to a former state' and, being the present participle of the verb, The term ''restaurant'' may have been used in 1507 as a "restorative beverage", and in correspondence in 1521 to mean 'that which restores the strength, a fortifying food or remedy'. History A public eating establishment similar to a restaurant is mentioned in a 512 BC record from Ancient Egypt. It served only one dish, a plate of cereal, wild fowl, and onion ...
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Wendy's International
The Wendy's Company is an American holding company for the major fast food chain Wendy's. Its headquarters are in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants. Wendy's International Wendy's International, Inc. is the franchisor of Wendy's restaurants and the former parent company of Wendy's. It also owned Tim Hortons, Baja Fresh, and had a 70 percent stake in Cafe Express. The corporate headquarters is located in Dublin, Ohio, a suburb of Columbus. Wendy's International is owned by the Wendy's Company. The Tim Hortons chain was spun off by Wendy's into a separate company in September 2006. The Baja Fresh chain was sold in October 2006. On September 15, 2008, the purchase of Wendy's International Inc. by Triarc Companies, Inc. was approved by shareholders. On September 30, the merger was completed, with Triarc being renamed to Wendy's/Arby's Group, Inc, a change of leadership for both Arby's and Wendy's and ...
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Companies That Filed For Chapter 11 Bankruptcy In 2020
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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American Companies Established In 1962
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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