Printer Friendly
The Free Library
14,588,739 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

California Pizza Kitchen Announces International Franchise Initiatives and Domestic Extension.


-Signs Franchise Deal To Open In Mexico; Expands Relationship With HMSHost; Signs Letter Of Intent To Open In South Korea-

LOS ANGELES -- California Pizza Kitchen California Pizza Kitchen (NASDAQ: CPKI, known within the food industry as CPK) is a casual dining restaurant chain that specializes in California-style pizza. The restaurant was started in 1985 by attorneys Rick Rosenfield and Larry Flax in Beverly Hills, California, , Inc. (Nasdaq:CPKI CPKI California Pizza Kitchen, Inc ), home of the Original BBQ BBQ barbecue  Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, has signed an agreement with Grupo Calpik, S.A. de C.V. of Mexico, a new franchise partner. As part of the agreement, Grupo Calpik will open a minimum of 15 CPK CPK creatine kinase.

CPK

creatine phosphokinase.
 locations throughout Mexico within the next 10 years with the first restaurant scheduled to open in the Bosques de las Lomas area of Mexico City in the fall of 2007.

Rick Rosenfield, co-founder and co-CEO of California Pizza Kitchen, stated, "This new agreement with Grupo Calpik is a wonderful opportunity for us. We have looked forward to expanding the CPK brand into other parts of North America and are excited about opening in Mexico." Larry Flax, co-founder and co-CEO of California Pizza Kitchen, added, "This agreement allows us to bring California-style pizza to a new audience and to expand in a growing and strategic area."

Saul Kahan, 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 Grupo Calpik, spearheaded the introduction of the McDonald's brand to Mexico in the mid-1980s. His group currently operates 17 casual dining restaurants throughout Mexico. "Opening CPK restaurants in Mexico provides just what the Mexican market is looking for in terms of casual dining and we are tremendously excited about this project," stated Kahan.

In addition, the Company recently executed an agreement with HMSHost, its partner in 15 CPK ASAP (chat) asap - As soon as possible.  airport locations nationwide, to extend their relationship for five more years. The agreement, which now extends to 2012, will bring new in-line CPK ASAP restaurants and ASAP kiosk locations to airports and travel plazas throughout HMSHost's portfolio of properties. The first will open in Oakland International Airport
OAK redirects here. You may have been looking for Oak, the species of trees and shrubs. See also Oak (disambiguation).


Oakland International Airport (IATA: OAK, ICAO: KOAK, FAA LID: OAK), also known as
 in the second quarter of 2007.

Finally, California Pizza Kitchen is planning to strengthen its presence in Asia and has signed a letter of intent for a development agreement with Iris Co., LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability , a subsidiary of Hanil Cement Co., LTD. Hanil Cement is the parent company of Handuck Development Co., LTD that operates Seoulland, a popular theme park in South Korea. As part of the letter of intent, Iris plans to open and operate a minimum of 15 restaurants throughout South Korea over the next 10 years.

California Pizza Kitchen, Inc., founded in 1985, is a leading casual dining chain. The company's full-service restaurants feature an imaginative line of hearth-baked pizzas, including the original BBQ Chicken Pizza, and a broad selection of distinctive pastas, salads, soups, appetizers and sandwiches. Of the chain's 207 restaurants, 178 are company-owned and 29 operate under franchise or license agreements. There are 26 CPK ASAP locations, 11 of which are company-owned and 15 are franchised. Another company-owned concept is LA Food Show Grill & Bar, which currently has one location in Manhattan Beach, California Manhattan Beach is a city located in southwestern Los Angeles County, California, USA. The population was 33,852 at the 2000 census. Of a rotating City Council of five members, Jim Aldinger is the current mayor. . The company also has a licensing agreement with Kraft Pizza Company, which manufactures and distributes a line of California Pizza Kitchen premium frozen pizzas. Children who dine at California Pizza Kitchen choose from an extensive menu, recently named "The Best Kids Menu in America" by Restaurant Hospitality Magazine. For more details, visit www.cpk.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 15, 2007
Words:541
Previous Article:Sycamore Networks Announces Q2 Fiscal Year 2007 Revenue Results Release Date and Webcast Information.
Next Article:MoneyGram International Declares Quarterly Dividend.
Topics:



Related Articles
California Pizza Kitchen Opens in International Plaza; CPK Donated 100% of Opening Day Pizza Sales to All Children's Hospital.
California Pizza Kitchen Opens at The Gateway on Nov. 1; U.S. Ski and Snowboard Team Foundation to Receive Proceeds from Nov. 5 Pizza Sales.
Rick Caruso Elected to California Pizza Kitchen Board of Directors.
California Pizza Kitchen Names Director of Real Estate and Regional Vice-President of Operations.
Weekly profile.(Investments & Finance)(company profile of California Pizza Kitchen, Inc.)(Company Profile)
BRIEFCASE COUNTRYWIDE GETS OK FOR MORE STOCK.(Business)
California Pizza Kitchen Signs Franchise Deal with WDI Corporation of Japan.
California Pizza Kitchen Opens First Location in Japan.
California Pizza Kitchen INC. (CPKI).(WEEKLY PROFILE)(Brief article)
California Pizza Kitchen Opens Second Location in Japan.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles