Panda express biography
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Panda Express company history timeline
1983
In 1983, through their connections with then-UCLA football coach Terry Donahue, the manager of Glendale Galleria invited them to make a fast food version of Panda Inn for the mall.
1987
1987 Chef Andy Kao develops our signature dish: Orange Chicken.
1988
Starting in 1988, they were also placed in grocery stores when the Cherngs placed a Panda Express in a Vons supermarket.
1993
Sixty of these were financed by money generated internally from sales that in 1993 had reached $100 million and $112 million by May of the next year.
1994
In 1994, in part to help make its expansion and diversification plans go smoothly, Panda revamped its upper management team.
1995
1995 Our first two airport outlets open at Denver International to feed the appetites of hungry travelers.
1996
Although Micatrotto resigned the presidency of Panda Management in 1996, relinquishing it to Peggy Cherng, one of the things that he had recommended was an increase in the number of street-level, freestanding stores offering dine-in, drive-through, and carry-out services.
1998
In 1998, celebrating its 25th anniversary, Panda Management redesigned and reopened its flagship Pasadena Panda Inn, the first of its res
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Panda Restaurant Group
American restaurant company
Panda Restaurant Group headquarters | |
| Company type | Private |
|---|---|
| Genre | Chinese and Japanese restaurants |
| Founded | 1973 |
| Founder | Andrew Cherng |
| Headquarters | 1683 Walnut Grove Avenue, Rosemead, California ,United States |
Number of locations | 2,200[1] |
Area served | 43 U.S. states, Puerto Rico, and Mexico |
Key people | Andrew Cherng, Chairman & Co-CEO Peggy Cherng, Co-Chairman & Co-CEO John F Theuer CFO |
| Revenue | $3.5 billion (2018)[2] |
| Owner | Cherng family |
Number of employees | 30,000[3] |
| Website | www.pandarg.com |
Panda Restaurant Group, Inc. is the parent company of Panda Inn, Panda Express and Hibachi-San. It was founded by Andrew and Peggy Tsiang Cherng [4] and Andrew's father, Master Chef Ming-Tsai Cherng; the family originated from the Yangzhou region of China's Jiangsu province. They started their first Panda Inn restaurant in 1973 in Pasadena, California. Ten years later a developer of the new Glendale Galleria mall, a frequent patron of Panda Inn, asked Andrew to start a fast-service version of his restaurant in the new mall. In 1985 the store went from five locations to nine in just one year.[5]
The gr
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How I Prefabricated It: Panda Express’ billionaire CEO dishes put on hold a stir-fry empire
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