CKE Restaurants & Americana Group Announce Expansion Agreement, Upcoming Milestone.CARPINTERIA, Calif. -- CKE CKE Clock Enable (memory signal) CKE Carl Karcher Enterprises, Inc. (restaurant chain) CKE Certified Kitchen Design Educator CKE Catia Knowledge Engineering CKE Content and Knowledge Engineering Restaurants, Inc.(NYSE NYSE See: New York Stock Exchange : CKR CKR CKE Restaurants, Inc. (stock symbol) CKR Check Request CKR Common Key References ), franchisor and operator of Carl's Jr.([R]) and Hardee's([R]) restaurants, and Americana Group Americana Group has been an innovative pioneer in the food industry in the arab world. Based in Kuwait and started as a small trading company in 1964. Brands & Franchises
CKE Restaurants and the Americana Group have a successful 30-year relationship with plans for continued growth in the Middle East and Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. . As the most active developer in the CKE system, the Americana Group has averaged 24 new restaurant openings per year in the past three years with plans to open 27 Hardee's restaurants in 2009. "We have a successful history with the Americana Group and are confident that they will continue to demonstrate their knowledge, expertise and passion for the CKE brands as they expand in new and existing markets," said Andrew F. Puzder, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CKE Restaurants, Inc. "International expansion remains a key strategic focus at CKE." The Americana Group first opened Hardee's in Kuwait in 1980 and currently operates Hardee's in Egypt, Lebanon, Jordan, Kuwait, Saudi Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. , United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. , Bahrain, Qatar and Oman. In 2008,
Hardee's will serve 48,000,000 meals to hungry guests across the
Middle East and North Africa. Hardee's has become synonymous with
quality food and superior hospitality while its innovative burgers and
sandwiches continue to set the brand apart from other quick-serve
restaurants.
"The Americana Group knew that Hardee's was the perfect brand to launch in the Middle East because of its commitment to premium quality food and excellent guest service," said Amgad El Mofti, President of the Americana Group. "We are now seeing the second generation of guests experiencing the same great food and hospitality that their parents have enjoyed at Hardee's for nearly 30 years." CKE Restaurants announced the opening of its 300th international restaurant in Sept. 2008 and have strategic development plans to double its international presence to more than 600 restaurants within the next five years. Currently international units international units, n.pl a unit of measurement that evaluates the potency of a substance. Because it measures potency instead of quantity, there is a different international unit-to-mg conversion ratio for each particular substance. comprise approximately 10% of the CKE system with plans to grow to 20% by 2014. In its most recent fiscal year ended January 28, 2008, the company opened 50 new international franchise restaurants; the highest one-year total in the company's history. About Americana Group Americana is the Middle East's most successful group of companies operating consumer foods, restaurants, and food-related products. This amazing success story started out in Kuwait in 1964 with the establishment of a small trading company, which then opened its first restaurant (Wimpy Wimpy sloppily dressed comic strip character; always “forgets” to pay for hamburgers. [Comics: “Popeye” in Horn, 657–658] See : Irresponsibility ) in 1970. This was the region's first experience with international chain restaurants and was the beginning of Americana's rapid expansion in this field. This was followed with the establishment of the first meat processing plant in 1972 to cater for the restaurants' growing demand. With time, more Americana restaurants, food companies, factories, and brands were established and a high growth rate was always maintained. Today, the Americana Group operates more than 1,000 restaurants with more than 35,000 employees across 17 countries between the Atlantic Ocean and Caspian Sea. The Americana Group operates international franchises like Hardee's, TGIF's, Krispy Kreme, KFC KFC Kentucky Fried Chicken (restaurant chain) KFC Kenya Flower Council KFC Kitchen Fresh Chicken (Kentucky Fried Chicken motto) KFC Kung Fu Cult (Cinema) KFC Kitchen Fixed Charge and Pizza Hut. The Americana Group's portfolio also includes a wide range of consumer foods manufactured in 18 factories in 5 different countries and marketed across the region with well-known names like Americana Meat, Americana Cake, Farm Frites, California Garden, Heinz, Koki, Green Land and much more. For more information about the Americana Group, please go to www.americana-group.com. About CKE Restaurants, Inc. Headquartered in Carpinteria, Calif., CKE Restaurants, Inc. is publicly traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "CKR." As of the second fiscal quarter ended August 11, 2008, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,100 franchised or company-operated restaurants in 42 states and in 14 countries, including 1,170 Carl's Jr. restaurants and 1,917 Hardee's restaurants. For more information about CKE Restaurants, please visit www.ckr.com. |
|
||||||||||||||

`dē ərā`bēə, sou`–, sô–)
Printer friendly
Cite/link
Email
Feedback
Reader Opinion