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NEWS
By: | September 5, 2005
Foothills business expo set for Sept. 14 Get to the heart of business in the foothills at the Foothills Community Business Expo on Sept. 14. The event, hosted by the Crescenta Valley, La Canada Flintridge and Montrose-Verdugo City chambers of commerce, will feature food, entertainment and prizes. Merchants represented will include the Glendale News-Press and Foothill Leader, Montrose Travel, California Waterscapes and Renaissance Academy. Admission is free.
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NEWS
July 29, 2005
Mark Humphrey IHOP Corp., owner and franchiser of the International House of Pancakes restaurants, announced Thursday that its second-quarter profits nearly tripled from last year due to lowered operating costs. "We're pleased with our financial performance for the quarter and feel it reflects our commitment to manage general and administrative costs more aggressively," said Stacy Roughan, Director of Investor and Government Relations for the Glendale-based IHOP Corp.
NEWS
August 19, 2004
Darleene Barrientos Flanked by friends at a table laden with plates full of fresh, warm pancakes, syrup and fruit, Edward Van Houghton spent Wednesday morning much the way he has so many others for the past 43 years. But Wednesday's breakfast club was a little more special. Van, as he's known by his friends, had a birthday cake in front of him as the waitresses at the International House of Pancakes, 605 N. Glendale Ave., and his friends who breakfast with him regularly, threw a surprise 96th birthday party for him at his favorite restaurant.
NEWS
July 23, 2004
Darleene Barrientos IHOP Corp. closed five of its 32 company-operated restaurants Thursday as the company reported second-quarter income dropped 60%. Executives of the Glendale-based restaurant chain said the dip in income and the closures were all expected as it shifts away from financing new franchises to a more traditional economic model in which franchise owners pay for their restaurant's development. IHOP will also reacquire four franchised restaurants and close three of them.
NEWS
June 18, 2004
Erik Boal For the International House of Pancakes Major Baseball team, the top of the first inning in Thursday's contest summed up their entire experience in the Little League District 16 Tri-Cities Tournament. After being one-hit in a 20-run loss to High Temp Metals in Tuesday's opening-round contest, the Jewel City Little League representative's run of bad luck continued, as the Burbank Bulldogs scored four runs in their first at-bat without the benefit of a hit. Unfortunately for Chris Alchermes' squad, things didn't get any better as the second-chance bracket contest progressed, as IHOP surrendered six runs in the second and seven more in the fifth to suffer a 17-2 setback at Pacific Park, thus becoming the first team eliminated from the 10-team tournament in the 9- to 12-year-old division.
NEWS
April 13, 2004
Robert Chacon IHOP has posted the largest first-quarter revenue gains in a decade for restaurants that have been open more than 18 months -- a noteworthy indicator of the Glendale company's financial health, officials said. Same-store sales for the period ending March 31 increased by more than 7% over the same period last year. "This is the most significant indicator that we are doing well, because it shows that our existing stores are doing well," IHOP spokesman Patrick Lenow said.
NEWS
March 1, 2004
IHOP fourth-quarter 2003 profit down GLENDALE -- Glendale-based IHOP Corp. has reported fourth quarter 2003 net income of $8.8 million, a reduction compared to the same period in 2002, when it reported $12 million. Company officials reportedly said they opened fewer restaurants last year as part of a restructuring of IHOP's business model. Retirees to talk about opening a business NORTHWEST GLENDALE -- The Glendale-based Service Corps of Retired Executives will offer a workshop on starting and operating a business from 8:15 a.m. to 3 p.m. March 9 at the Small Business Information Center, 3600 Wilshire Blvd.
NEWS
February 2, 2004
IHOP advertising wins award NORTHWEST GLENDALE -- Glendale-based IHOP Corp. announced Friday that it has received honors for its advertising campaign, "Come hungry. Leave happy." The company received a bronze medallion at the 2004 Awards for Advertising and Marketing Effectiveness. The campaign, developed by advertising agency McCann-Erickson, was launched in 2003 as part of IHOP's revitalization strategy targeting family dining. Local tapped for national real-estate firm LA CRESCENTA -- La Crescenta resident Michael C. Weiss has been named managing director of the Financial Services Group for Studley, a national commercial real-estate firm.
NEWS
December 4, 2003
Robert Chacon For the first time in 27 years, Glendale-based IHOP Corp. will not enter a float in the Rose Parade, citing financial constraints. "IHOP has become a household name, and we don't need the recognition anymore," company spokesman Patrick Lenow said. "The Rose Parade has been a great tradition for us and served us well." Lenow declined to say how much the company spent annually on its float, but called it a sizable investment the company will use for other marketing measures.
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