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Denny's
Denny's (also known as Denny's Diner on some locations' signage) is an American table service diner-style restaurant chain. It operates over 1,400 Restaurant, restaurants in the United States, Canada, Puerto Rico, and several other international locations. Founded in 1953 as a Doughnut, donut stand in Lakewood, California, under the name Danny's Donuts, the chain has grown to one of the largest full-service family restaurant chains in the United States. Description Denny's started franchising in 1963, and most Denny's restaurants are now franchisee-owned. Franchise agreements require 24/7 service in most locations. Because of the impact of the COVID-19 pandemic on the restaurant industry in the United States, many Denny's had to close for the first time and may now have limited hours of operation. History The restaurant originally opened as Danny's Donuts by Richard Jezak and Harold Butler (businessman), Harold Butler. It opened at the intersection of Bellflower, California, B ...
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Harold Butler (businessman)
Harold Butler (July 6, 1921 – July 9, 1998) was an American entrepreneur. He is best known for being the founder of the Denny's casual dining restaurant chain. Butler also helped develop numerous other chains, including Winchell's Donuts, Naugles, and Jojo's. In 1953, Butler and his partner Richard Jezak opened Danny's Donuts in Lakewood, California. In 1955, after his partner's departure from the then 6-store chain, Butler changed the concept in 1956 from a donut shop to a coffee shop with store #8. Danny's Donuts was renamed Danny's Coffee Shops and changed its operation to 24 hours. In 1959, to avoid confusion with Los Angeles restaurant chain Coffee Dan's, Butler changed the name from Danny's Coffee Shops to Denny's Coffee Shops. In 1961 Denny's Coffee Shops became Denny's. In 1963, Butler began franchising Denny's. Under his leadership, the chain expanded to 800 locations. He once explained, "I love to feed people." Butler tried to buy Caesar's Palace in Paradise, Nevada. ...
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Trans World Corporation
Trans World Corporation was the original name of the holding company set up to own Trans World Airlines. History In 1967, when the airline sought to diversify into other areas of business, a key investment was ''Hilton International Hotels'', the non-American interests of the Hilton Hotels chain. (Because of this split, the Hilton International chain had to call its hotels in America ''Vista'', while future overseas locations of the American Hilton chain were called ''Conrad International''. This operation was later sold by Trans World Corporation while under the leadership of Charles C. Tillinghast Jr. the CEO of TWA and the first known to receive a golden parachute employment contract. In 1983, Trans World Corporation, under Chief Executive Officer L. Edwin Smart, spun off Trans World Airlines to Carl C. Icahn, At the time of TWA's spinoff, TWC owned Spartan Food Systems Inc., the Canteen Corporation, Hilton International, and Century 21 Real Estate Corporation. Trans World ...
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Spartanburg, South Carolina
Spartanburg is a city in and the county seat of Spartanburg County, South Carolina, United States. The city had a population of 38,732 as of the 2020 United States census, 2020 census, making it the List of municipalities in South Carolina, 11th-most populous city in the state. The Office of Management and Budget (OMB) groups Spartanburg and Union County, South Carolina, Union counties together as the Spartanburg, SC Metropolitan statistical area, Metropolitan Statistical Area. Spartanburg is the second-largest city in the greater Upstate South Carolina, Greenville-Spartanburg-Anderson, SC Combined Statistical Area, which had an estimated population of 1,590,636 in 2023. It is part of a ten-county region of northwestern South Carolina known as "Upstate South Carolina, The Upstate", and is located northwest of Columbia, South Carolina, Columbia, west of Charlotte, North Carolina, and about northeast of Atlanta, Georgia. Spartanburg is the home of Wofford College, Converse Univ ...
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Sambo's
Sambo's was an American restaurant chain, started in 1957 by Sam Battistone Sr. and Newell Bohnett in Santa Barbara, California. Though the name was taken from portions of the names of its two founders, the chain also associated with '' The Story of Little Black Sambo''. Battistone and Bohnett capitalized on this connection by decorating the walls of the restaurants with scenes from the book, including a dark-skinned boy, tigers, and a pale, magical unicycle-riding man called "The Treefriend". By the early 1960s, the illustrations depicted a light-skinned boy wearing a jeweled Indian-style turban with the tigers. A kids club, Sambo's Tiger Tamers (later called the Tiger Club), promoted the chain's family image. The chain filed for Chapter 11 bankruptcy in November 1981. All locations except for the first in Santa Barbara either closed outright, or were renamed after being purchased, effectively ending the chain's existence. The Santa Barbara restaurant continued business under ...
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Kelli Valade
Kelli Valade (born October 11, 1969) is an American businesswoman who was formerly the chief executive officer of Red Lobster. Previously, she was the CEO and president of Black Box Intelligence (formerly TDn2K). She is the former brand president of Chili's Grill & Bar and former executive vice president at Brinker International. As of June 2022, she has been the CEO of Denny's. Prior to that, she held many executive positions in operations as Chief operating officer, COO and in human resources. Early life and education Valade was born on October 11, 1969, in Syracuse, New York. She was adopted at birth, raised in an Italian Americans, Italian family, and spent her Sundays cooking meatballs and sauce with her grandmother She grew up playing softball and basketball in New York (state), New York state and had her first job as a hostess at TJ's Big Boy when she was 16 years old. From there, her love for the restaurant industry was born. Valade received her Bachelor of Science in ...
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Armet & Davis
Armet Davis Newlove Architects, formerly Armét & Davis, is a Californian architectural firm known for working in the Googie architecture style that marks many distinctive coffee shops and eateries in Southern California. The firm designed Pann's, the first Norms Restaurants location, the Holiday Bowl and many other iconic locations. History The architectural firm was formed by Louis Armét and Eldon Davis in 1947. Victor Newlove joined the practice in 1963 and became a partner in 1972, changing the firm's name to Armét Davis Newlove Architects. According to the firm's website, it has designed over 4,000 buildings in the United States, Canada, Mexico, and Indonesia. Some of the firm's design hallmarks included radically vaulted roofing, a room-length dining counter and an outsized comet-shaped signage to beckon drivers from off the street. Armét & Davis have been referred to as "the Frank Lloyd Wright of '50s coffee shops." "According to critic Philip Langdon, Armét & Da ...
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Impact Of The COVID-19 Pandemic On The Restaurant Industry In The United States
The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category. After the closings ended, restaurants continued to face staffing challenges. Within a week after the first closures, industry groups representing independent restaurateurs were asking for immediate relief measures from local, state, and federal governments, saying that as many as 75 percent of independent restaurants could not survive closures of more than a few weeks. By late July, nearly 16,000 restaurants had permanently closed. Restaurant closures started March 15 when Governor of Ohio, Ohio Governor Mike DeWine ordered all bars and restaurants in the state to close their dining rooms and bars; within a week most other states followed suit. By March 23, industry experts were estimating nearly half of the industry's 15 million workers had ...
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Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. , the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively. KKR was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 2007 buyout of TXU, which is currently the largest buyout completed to date.
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Diner
A diner is a type of restaurant found across the United States and Canada, as well as parts of Western Europe and Australia. Diners offer a wide range of cuisine, mostly American cuisine, a casual atmosphere, and, characteristically, a combination of booths served by a waiting staff, waitstaff and a long sit-down counter with direct service, in the smallest simply by a cook. Many diners have extended hours, and some along highways and areas with significant shift work stay open for 24 hours. Considered quintessentially American, many diners share an archetypal exterior form. Some of the earliest were converted rail dining cars, retaining their streamlined structure and interior fittings. From the 1920s to the 1940s, diners, by then commonly known as "lunch cars", were usually Prefabrication, prefabricated in factories, like modern mobile homes, and delivered on site with only the utilities needing to be connected. As a result, many early diners were typically small and narro ...
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Lakewood, California
Lakewood is a city in Los Angeles County, California, United States. The population was 82,496 at the 2020 census. It is bordered by Long Beach on the west, northwest and south, Bellflower on the north, Cerritos on the northeast, Cypress on the east, and Hawaiian Gardens on the southeast. Major thoroughfares include Lakewood ( SR 19), Bellflower, and Del Amo Boulevards and Carson and South Streets. The San Gabriel River Freeway ( I-605) runs through the city's eastern regions. History Lakewood is a post-World War II planned community. Developers Louis Boyar, Mark Taper and Ben Weingart are credited with "altering forever the map of Southern California." Begun in late 1949, the completion of the developers' plan in 1953 helped in the transformation of mass-produced housing from its early phases in the 1930s and 1940s to the reality of the postwar 1950s. WWII veterans could get home loans with no down payment and a 30-year mortgage at only 4 percent interest. On the first d ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in t ...
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