International House of Pancake History :: essays research papers

IHOP was not always a multinational assemble. It is now one of the nations leading ride down, cheap restraint images. With over 1,000 locations world wide it is a unremarkably known restraint. As of recent IHOP has had a 52-week high of 39.4 and a let out of 27.04. Recently, IHOP rang the bell of the NYSE in celebration of the kick-off of the National Pancake twenty-four hours (March 4) and the launch of a brand rejuvenation strategy for IHOP, which celebrates its 45th twelvemonth in business this July. In honor of the occasion, Julia A. Stewart, President, CEO, COO rang the bell.Before pose out the entire history of the International House of Pancake here(predicate) 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 than 16 types of pancakes, as well as omelettes, breakfast specialties, burgers, chicken and steaks, IHOPs circuit board is designed to appeal t o 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 crop uped 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 plan of a restaurant based on one of Americas favorite foods. pancakes. indoors four years the number of units had increased to nearly 50, with many of the restaurants beingness 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 below 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 &q uotThe Franchise Company." Because of these acquisitions and to reflect properly the diversified conglomerate become, the company adopted the name International Industries, Inc. in 1963. Restaurant brands under International Industries control during the 1960s included International House of Pancakes, Orange Julius, Loves woodwind instrument Pit Barbecue, Golden Cup Coffee Shoppes, The Original House of Pies, Wil Wrights trash Cream Shops, Woodys SmorgasBurger, The Dog House and Copper Penny. Non-food brands included The Big brake Safety Center, The Golden Oaks Retirement Homes, United Rent-Alls, House of Nine, and Sawyer College of Business.