Panda Restaurant Group
 | |
| Private | |
| Genre | Chinese and Japanese restaurants |
| Founded | 1983 |
| Founder | Andrew Cherng |
| Headquarters | 1683 Walnut Grove Ave., Rosemead, California 91770 U.S. (626-799-9898)[1], Rosemead, California |
Number of locations |
1,800 [2] |
Area served | 43 U.S. states, Puerto Rico, and Mexico[3] |
Key people |
Andrew Cherng, Chairman & Co-CEO Peggy Tsiang Cherng, Co-Chairman & Co-CEO |
| Revenue | $2.5 billion (2016)[4] |
| Owner | Cherng family |
Number of employees | 30,000 |
| Website | http://www.pandarg.com/ |
Panda Restaurant Group, Inc., parent company of Panda Inn, Panda Express & Hibachi-San, was founded by Andrew and Peggy Tsiang Cherng [5] and Andrew's father, Master Chef Ming-Tsai Cherng, the family originating in the Yangzhou region of China's Jiangsu province. They started their first Panda Inn restaurant in 1973 in Pasadena, California.[6] The group has its headquarters in Rosemead, California.[7]
Andrew Cherng '70 and his wife Peggy Tsiang Cherng met at Baker University in Baldwin City, Kansas.[8] Peggy Cherng went on to receive her B.S. degree in Mathematics from Oregon State University in 1971 and a Ph.D. in Electrical Engineering from the University of Missouri.The company debuted on Forbes' 2016 edition of America Largest Private Companies[9]
Companies
The Panda Restaurant Group includes Panda Express, Panda Inn, and Hibachi-San.
Panda Express, the most popular, has 1,464 locations in 43 States and Puerto Rico.,[2] making it the largest Chinese fast food chain in the United States.
Panda Inn, a sit-down restaurant chain, has 6 locations, all of which are in California, plus Wasabi, a Japanese concept.[10]
References
- ↑ About (Panda History 'Fact Sheet')
- 1 2 Panda Express - Locations, Panda Restaurant Group, Inc. Accessed: Aug. 4, 2012
- ↑ The Panda Story: 2011
- ↑ http://www.forbes.com/pictures/eggh45ejkf/panda-restaurant-group/
- ↑ Jennings, Lisa, "Having words with Peggy Tsiang Cherng: chief executive and co-chair, Panda Restaurant Group", Nation's Restaurant News, August 1, 2005
- ↑ "About Hibachi-San." Retrieved on April 17, 2010.
- ↑ "Corporate Fact Sheet." Panda Restaurant Group. Retrieved on February 26, 2010.
- ↑ "Cherngs honored for contributions in L.A. area", Baker Pride alumni magazine, Baker University, Kansas, Spring 2008 issue.
- ↑ http://www.forbes.com/sites/andreamurphy/2016/07/20/2016-private-company-newcomers/#3833be7520a2
- ↑ Locations
Further reading
- Bernstein, Charles, 'Manchu Leads the Working Race,' Restaurants & Institutions, August 1, 1994, p. 30.
- Cebrzynski, Gregg, 'Panda Express Breaks TV Ad Campaign as Test to Raise Brand Awareness,' Nation's Restaurant News, August 9, 1999, p. 11.
- Farkas, David, 'Fast and Friendly,' Chain Leader, March 2000, p. 72.
- Glover, Kara, 'Success on Oriental (Food) Express,' Los Angeles Business Journal, September 25, 1995, p. 21.
- Leibowitz, Ed, "The Tao of Panda Express: The Chinese food chain’s success story—how a single outlet in the Glendale Galleria grew to 1,800 locations worldwide—begins with one secret ingredient: owners who care", LA Magazine, April 20, 2015
- Marchetti, Michele, and Alisson, Lucas, 'Creating Panda-monium,' Sales & Marketing Management, January 1996, p. 14.
- Martin, Richard, 'Panda Express: Bullish about the Bear,' Nation's Restaurant News, May 16, 1994, p. 86.
- ------, 'Top Chi-Chi's, El Torito Execs Tackle Panda Push,' Nation's Restaurant News, August 7, 1995, p. 18
- Walkup, Carolyn, 'Panda Express Promo Targets Takeout Business,' Nation's Restaurant News, February 28, 1994, p. 7.
External links
- Official website of Panda Restaurant Group
- Panda Cares
- Hoover's Financial Data on the Panda Restaurant Group