International House of Pancake History :: essays research papers

IHOP was not always a multinational conglomerate. It is now one of the nations pencil lead sit down, cheap restraint chains. With over 1,000 locations world wide it is a commonly known restraint. As of recent IHOP has had a 52-week high of 39.4 and a low of 27.04. Recently, IHOP rang the bell of the NYSE in celebration of the kick-off of the National griddlecake Day (March 4) and the launch of a brand rejuvenation strategy for IHOP, which celebrates its forty-fifth year in business this July. In honor of the occasion, Julia A. Stewart, President, CEO, COO rang the bell. in the first place laying out the entire history of the International folk of hotcake here is some simple background information IHOP Corp. is a family restaurant chain that serves a wide variety of breakfast, lunch and dinner selections. offer more than 16 types of pancakes, as well as omelettes, breakfast specialties, burgers, moaner and steaks, IHOPs menu is designed to appeal to people of all ages. IHOP r estaurants 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 started up by opening of the first International House of Pancakes restaurant in a suburb of Los Angeles, Toluca Lake, California. The American eating public promptly took to the concept of a restaurant based on one of Americas preferent foods. pancakes. Within four years the number of units had increased to nearly 50, with many another(prenominal) of the restaurants being operated by franchisees. That is incredible when you think about it since it takes a succession to start up a franchise. Obviously past, present, and future In 1961 the company became publicly traded under the name International House of Pancakes. The remainder of the disco biscuit was a time of acquisition for the company. The company acquired both food and non-food businesses during this plosive speech sound with a strat egy of becoming "The Franchise Company." Because of these acquisitions and to reflect properly the diversify conglomerate become, the company adopted the name International Industries, Inc. in 1963. eating house brands under International Industries control during the 1960s included International House of Pancakes, chromatic Julius, Loves Wood Pit Barbecue, Golden Cup Coffee Shoppes, The Original House of Pies, Wil Wrights Ice Cream Shops, Woodys SmorgasBurger, The Dog House and Copper Penny. Non-food brands included The overlarge Brake Safety Center, The Golden Oaks Retirement Homes, United Rent-Alls, House of Nine, and sawyer College of Business.