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It also entered the fast food industry by buying the Pillsbury Company and with it the Burger King chain in 1988. [12] It also bought the Wimpy chain that year and merged it with Burger King. [13] It continued to sell non-core business, including in 1990 the brewers Samuel Webster's and in 1991 Ushers of Trowbridge. [14]
The Distron setup remained relatively stable until BK was purchased from Pillsbury by Grand Metropolitan. Grand Met originally planned to sell it after the purchase, but ended up reorganizing the division into two separate groups for procurement (Burger King Purchasing [BKP]) and distribution (Burger King Distribution Services [BKDS]).
Burger King Corporation (BK, stylized in all caps) is an American multinational chain of hamburger fast food restaurants.Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain.
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]
Burger King's iconic Whopper has been a staple since 1957, debuting just four years after the chain's founding. Priced at 37 cents, it offered a larger, premium option compared to the chain's ...
2012: Burger King is taken public once again on the NYSE with the symbol BKW. [98] 2014: Burger King merges with Canadian donut/coffee chain Tim Hortons in a deal worth $18 bn/CAD$19.6 bn. [99] [100] 2019: Burger King plans to close up to 250 low-volume locations per year, with closures coming into effect in 2020. [101]
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The company was sold to United Biscuits in 1977, and then to Grand Metropolitan in 1989. Grand Metropolitan began to phase out the Wimpy Bar in the United Kingdom, rebranding many of them as Burger King (which it also owned) because Burger King had the greater brand recognition amongst consumers, and to aid market competition against McDonald's ...