Popeyes

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For the cartoon character, see Popeye. For other uses, see Popeye (disambiguation).
Popeyes Louisiana Kitchen, Inc.
Formerly called
 Popeyes Chicken & Biscuits
Popeyes Famous Fried Chicken & Biscuits
Subsidiary
Industry Restaurants
Genre Fast food
Founded June 12, 1972; 52 years ago (1972-06-12) (as Chicken on the Run)
Arabi, Louisiana, United States
Founder Al Copeland
Headquarters Miami, Florida, United States[1]
Number of locations
 3,451[2] (2020)
Products
Revenue Increase US$206 million[3] (2013)
Number of employees
 2,130[3] (December 2015)
Parent Restaurant Brands International (2017–present)
Website www.popeyes.com

Popeyes Louisiana Kitchen, Inc.,[4] also known as Popeyes and formerly named Popeyes Chicken & Biscuits[5] and Popeyes Famous Fried Chicken & Biscuits,[6] is an American multinational chain of fried chicken fast food restaurants that was founded in 1972 in New Orleans, Louisiana and headquartered in Miami, Florida. It is currently a subsidiary of Toronto-based Restaurant Brands International. As of 2020 Popeyes has 3,451 restaurants, which are located in more than 46 states and the District of Columbia, Puerto Rico, and 30 countries worldwide.[2] About 30 locations are company-owned; the vast remainder are franchised.[7]

History

Popeyes was founded in Arabi, Louisiana, a suburb of New Orleans in St. Bernard Parish. It first opened its doors on June 12, 1972, as "Chicken on the Run".[4][8] Owner Al Copeland wanted to compete with Kentucky Fried Chicken,[9] but his restaurant failed after several months.[4][9] Copeland reopened the restaurant four days later as Popeyes Mighty Good Chicken.[9] By 1975, the company had been renamed as Popeyes Famous Fried Chicken.[9] Copeland started franchising his restaurant in 1976, beginning in Louisiana. The chain expanded to Canada in 1984, and opened its 500th restaurant in 1985.[4] B. P. Newman of Laredo, Texas, acquired several franchises in Texas and surrounding states. Two hundred additional locations were added during a period of slower expansion.[citation needed]

By 1990, Copeland Enterprises was in default on $391 million in debts it had taken on in its 1989 purchase of Church's, and in April 1991, the company filed for bankruptcy protection.[10][11] In October 1992, the court approved a plan by a group of Copeland's creditors that resulted in the creation of America's Favorite Chicken Company, Inc. (AFC) to serve as the new parent company for Popeyes and Church's, another fast food chain specializing in chicken.[12] AFC went public in 2001 with initial public offering (IPO) of $142,818,479.[13] On December 29, 2004, AFC sold Church's to Arcapita (formerly Crescent Capital Investments) retaining Popeyes.[citation needed]

On August 8, 2000, Popeyes announced a franchise development plan/agreement that included 35 new restaurant locations around Australia in a bid to solidify their presence within the Asia Pacific region. All were to be located in the capital city of NSW, Sydney.[14]

On June 17, 2014, Popeyes announced it had re-acquired full control of its seasonings, recipes, and other proprietary food preparation techniques from Diversified Foods & Seasonings, which remained under the control of Al Copeland and his estate after the creditor sale of Popeyes to AFC. Popeyes had continued to license the seasonings, recipes, and techniques from DF&S for a yearly 'spice royalty', before buying them outright for $43 million. DF&S remains the main supplier for Popeyes until at least 2029.[15]

As of 2020, Popeyes has 3,451 restaurants worldwide.

Name

Alvin C. Copeland claimed he named the stores after the fictional detective Jimmy "Popeye" Doyle (portrayed by Gene Hackman) in the 1971 film The French Connection,[16][17] which came out a year before the chain was founded, and not the comic strip character Popeye the Sailor.[18] The company's early brand became deeply tied to the cartoon star with its sponsorship of the Popeye & Pals children's show in New Orleans, and the character appeared on items from packaging to racing boats.[citation needed] The name is spelled "Popeyes", without the apostrophe commonly used by other restaurant chains such as McDonald's and Hardee's. Copeland claimed facetiously that he was "too poor" to afford an apostrophe.[16]

The chain later acquired rights to use Popeye the Sailor for marketing and used this for 35 years.[18] In late November 2012. AFC announced the mutual termination of their licensing contract with King Features Syndicate, effectively ending their association with the Popeye characters.[19]

Acquisition by Restaurant Brands International

On February 21, 2017, Restaurant Brands International announced a deal to buy Popeyes for US$1.8 billion.[20] On March 27, 2017, the deal closed with RBI purchasing Popeyes at $79 per share via Orange, Inc, an indirect subsidiary of RBI.[21]

Products

Popeyes mild chicken

Popeyes serves chicken dishes in mild and spicy flavors and offers sides such as red beans and rice, Cajun fries, mashed potatoes with Cajun-style gravy, Cajun rice, macaroni & cheese, biscuits, and coleslaw. In addition to chicken, Popeyes also serves seafood entrées such as shrimp and catfish.[22] On October 30, 2006, AFC announced that Popeyes planned to introduce a trans fat-free biscuit as well as french fries containing one gram of trans fat by year-end.[23] On November 18, 2011, AFC announced that, for the Thanksgiving holiday, Popeyes would release a Fried Turducken sandwich that would show off the first ever Turducken patty. On July 29, 2013, AFC began offering a special entree of fried chicken strips dipped in waffle batter, which was already a proven success in some markets.[24] For a limited time only in 2017, Popeyes offered "Sweet and Crunchy" chicken, fried chicken tenders coated in shortbread cookie breading.[25] In 2021, Popeyes introduced a flounder sandwich.[26]

Chicken sandwich

File:Popeyes chicken sandwich.jpg
Popeyes Chicken Sandwich (Spicy)

Popeyes began selling a chicken sandwich in August 2019 to compete with Chick-fil-A's similar sandwich. The company first launched the sandwich at Long Beach restaurant Sweet Dixie Kitchen, a locally-famous spot that had become known for reselling fried chicken that it had purchased at Popeyes.[27][28] The sandwich launched nationwide to all locations in the U.S on August 12, 2019, but had some advance openings at the beginning of 2019.[27]

The marketing campaign, designed by advertising agency GSD&M started on August 12, 2019, with a tweet on Popeyes' Twitter feed. The new sandwich went viral immediately and prompted responses from nearly every fast food chain including McDonald's, Chick-Fil-A, and Wendy's.[29][30] Popeyes reported a 103% increase in traffic in the days following the launch of the sandwich.[31] The sandwich helped Popeyes gather an estimated $23 million in free publicity since its launch.[32] Popeyes stores routinely sold out of the sandwich and experienced long lines,[33] and a man outside of a Maryland Popeye's chain was stabbed to death during a dispute over a cutting in line for a chicken sandwich.[34] Locations across the US were supposed to have enough materials to last them until the end of September. Instead, restaurants were almost entirely sold out after less than two weeks.[35] On August 27, approximately two weeks after the launch, Popeyes announced that it had officially sold out of the chicken sandwich across the country.[36] One person in Tennessee sued Popeyes, claiming that his inability to get the sandwich has caused him to be "hustled out of money", making Popeyes guilty of "false advertising" along with "deceptive business practices".[37] On October 28, 2019, Popeyes announced that the chicken sandwich would return to locations across the US on November 3.[38] Popeyes chicken sandwich is made of buttermilk-battered white meat on a brioche bun along with pickles and mayonnaise or spicy Cajun spread.[39] A single sandwich contains 700 calories, 42 grams of fat, 14 grams of saturated fat, 1.5 trans fat, 1443 milligrams of sodium, and 28 net grams of protein.[40]

In September 2020, Popeyes' chicken sandwich went on sale in Canada.[41]

Style and marketing

Coleslaw from Popeyes Louisiana Kitchen

The restaurants' exteriors have a distinctive red-and-yellow color scheme. The original locations had a black lava rock exterior with a red shingled roof. Most older locations have covered the rock exterior to conform with the current yellow stucco appearance. During the 1970s and 1980s, the company occasionally licensed characters from the Popeye comic strip to use in its advertising. TV and radio ads often use New Orleans-style music, along with the trademark "Love That Chicken" jingle[42] sung by New Orleans funk and R&B musician Dr. John.

In 2009, Popeyes introduced "Annie the Chicken Queen", a fictitious, upbeat, African-American Popeyes chef played by famous actress Deidrie Henry.[43] The character is meant to be "honest, vibrant, youthful and authentic" according to Dick Lynch, Popeyes Chief Marketing Officer. "Everyone has a relative or a good friend who will give it to them straight, and that's what the Annie is all about", Lynch said.[44]

Popeyes has sponsored various NASCAR drivers since 2000. That year, NASCAR Busch Series driver Rich Bickle was sponsored by the company for six races,[45][46] while Mark McFarland received a one-race deal in the same series the following season.[47] In March 2018, Tyler Matthews made his NASCAR Camping World Truck Series debut in the No. 99 Popeyes truck at Martinsville Speedway,[48] and the company also sponsored Brennan Poole and Vizion Motorsports for that year's Truck Series season finale at Homestead–Miami Speedway.[49]

Number of franchises

Popeyes maintains a "Hall of Fame" of its franchise holders. Some international franchises, such as the ones located in Germany, France, and Japan, are located only on U.S. military installations and are generally not accessible to the local civilian public. Popeyes opened the first store in China on May 15, 2020[50] and in March 2021, it announced plans to open stores in Mexico[51] and the United Kingdom,[52] with the first restaurant in the latter country, locating at Westfield Stratford City opening on November 20, 2021.[53] Restaurant Brands International signed a master franchise and development agreement with Indian company Jubilant FoodWorks on March 24, 2021, to operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan.[54][55] The first Popeyes restaurant in South Asia opened in Bangalore, India on January 20, 2022.[56] In December 2020, Popeyes announced that it will be closing all locations in South Korea, due to poor sales partially attributed to the COVID-19 pandemic.[57][58] In October 2021, Popeyes signed an agreement with Romanian company Sterling Cruise to open 90 restaurants in Romania in the next 10 years, the first one opened on April 9th, 2022.[59]

Year United States Canada Outside the United States and Canada Company-owned
2003 1,324 20 320 95
2004 1,382 28 347 67
2005 1,427 28 315 56
2006 1,459 31 306 50
2007 1,507 34 276 61
2008 1,527 39 301 55
2009 1,539 42 325 37
2010 1,533 42 333 37
2022 1,545 42 344 50
Source: Entrepreneur.com[60]

See also

References

  1. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ 2.0 2.1 Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ 3.0 3.1 Popeyes Louisiana Kitchen, Inc. Form 10-K. United States Securities and Exchange Commission. 26 February 2014
  4. ↑ 4.0 4.1 4.2 4.3 Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ 9.0 9.1 9.2 9.3 Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ AFC Enterprises Initial Public Offering
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ 16.0 16.1 Martin, Douglas. "Al Copeland, a Restaurateur Known for Spice and Speed, Dies at 64". The New York Times, March 25, 2008
  17. ↑ Hoffman, Ken, "Chicken Cordon Bleu est TACO tres magnifique", King Features Syndicate, published in The Gazette of Cedar Rapids-Iowa City, Iowa, June 19, 1998, p. 2, ("chain was named for Popeye Doyle, the cop in The French Connection") Archived online at newsbank.com. Retrieved March 27, 2008
  18. ↑ 18.0 18.1 Lua error in package.lua at line 80: module 'strict' not found.
  19. ↑ "Popeyes ditches ex-spinach-eating pitchman". The Atlanta Journal-Constitution, November 26, 2013.
  20. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  21. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  22. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  23. ↑ Dow Jones newswire (Oct. 31, 2006): "AFC's Popeyes Chicken Plans Low Trans-Fat French Fries", by Richard Gibson Archived September 27, 2007, at the Wayback Machine
  24. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  25. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  26. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  27. ↑ 27.0 27.1 Lua error in package.lua at line 80: module 'strict' not found.
  28. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  29. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  30. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  31. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  32. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  33. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  34. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  35. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  36. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  37. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  38. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  39. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  40. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  41. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  42. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  43. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  44. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  45. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  46. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  47. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  48. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  49. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  50. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  51. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  52. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  53. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  54. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  55. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  56. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  57. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  58. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  59. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  60. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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