IHOP
International House of Pancakes is the full name behind the acronym IHOP and is a breakfast-themed restaurant chain owned by Dine Brands Global. The same owner is the parent company for Applebee’s as well and with more than 95% of the subsidiaries under the Dine Brand Global’s leadership, is operated independently. IHOP was established in Los Angeles in 1958 and still has its headquarters in California. The Waffle House arch-nemesis in recent times, IHOP announced their plans to adjust its list of stores leading to the shut down of a few hundred of their branches. They have maintained the potential for reopening in the future, but until then, we have to deal with reality. There are over 32,000 employees with IHOP and recorded an average of over $350 million about a decade ago.
IHOP
Taco Bell
The Yum! Brands also owns Taco Bell, a casually cool restaurant that serves a Mexican-style cuisine and also has a very great price structure. In 1962, Taco Bell was established in Downey by Glen Bell, nowadays, Taco Bell sees more than two billion customers every year. Glen Bell started out by operating a hot dog stand, and after seeing a closeby Mexican restaurant taking most of his customers, he got the inspiration to start serving Mexican foods. From the start, he thought of the name “Taco Tia” and got his recipe from the restaurant that was nearby. Before long, Taco Bell expanded and became a hit restaurant in the US. However, they recently announced they would be downsizing, and that is sure some sad news.
Taco Bell
