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The Church's purchase was heavily financed with the security being the assets of Popeyes and the acquired company. [10] In 1990, Al Copeland Enterprises had $391 million in debts. The debt reached more than $400 million by April 1991 when Copeland filed for Chapter 11 bankruptcy protection for the company. [ 10 ]
Popeyes was formed in Arabi, Louisiana, a suburb of New Orleans, Louisiana, in St. Bernard Parish. It first opened its doors on June 12, 1972, as "Chicken on the Run". [10] [12] Owner Al Copeland (1944–2008) wanted to compete with Kentucky Fried Chicken, [13] but his restaurant failed after several months.
Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]
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The same can be said for The post Marking 50 years of Popeyes, cookbook looks back at founder and his food appeared first on TheGrio. NEW ORLEANS (AP) — Louisiana is known for delivering food ...
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
Popeyes same-store sales: up 3.80% versus 3.14% expected Firehouse Subs same-store sales: up 0.4% versus 1.25% expected For Burger King U.S., same store sales increased 5%, higher than analysts ...
Cheryl Bachelder (born 1956) is an American businesswoman who was Interim CEO of Pier 1 Imports and was previously CEO of AFC Enterprises, the parent company of Popeyes Louisiana Kitchen, from 2007 to 2017. She was president of KFC from 2001 to 2003. [1] [2]