BNET Industries
- Private
- US
Dow Jones Description
Arby's was founded in 1964, but the concept for a roast beef sandwich franchise was rooted many years earlier. Forrest Raffel, a graduate of Cornell University School of Hotel and Restaurant Administration and his younger brother Leroy, a graduate of Wharton School of Finance, University of Pennsylvania, bought an uncle's restaurant equipment business in the 1950s. Raffel Brothers, Inc. became a fitting introduction to the foodservice industry for the brothers. The small company rapidly grew to become one of the country's leading foodservice consulting firms. Raffel Brothers, Inc. designed and installed hundreds of foodservice facilities including the flight kitchens at Greater Pittsburgh International Airport, interiors of six Ohio Turnpike restaurants and foodservice facilities for the Hospitality Inn motel chain of Standard Oil of Ohio. But the Raffel brothers quickly sensed the potential of fast food and decided to develop a franchise operation based on something other than hamburgers. Leroy remembers, "We were totally confident, while everyone else thought we were out of our minds." A late-night excursion to a small Boston sandwich shop one rainy Halloween was the inspiration for the Raffels, who joined a damp, but determined huddle of patrons to await the main attraction -- a 79-cent roast beef sandwich. The idea was born. The only kink in the chain's orderly development came with choosing a name for it. ...
NAICS Code Food Services and Drinking Places: 722
News & Analysis
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arby's and burger king corp. - All News and Analysis
Sandwich segment lifted by new products, discount truce
- 2005-06-27
New products and an ongoing cease-fire in the discount wars helped the highly competitive quick-service sandwich category generate another year of brisk sales. Upscale sandwiches, salads and a wave of new breakfast offerings kept the registers ringing at the nation's largest sandwich brands as new chief executives were installed...
Sandwich titans turn corner with upscale items
- 2004-06-28
Traditional fast-food menus look a lot different than they did just one year ago at branches of the sandwich segment's leading chains. Quarter-pound burgers and fries, after serving as the mainstay of the quick-service segment for decades, have taken a backseat to an explosion of new menu items featuring...
Arby's Bids on Burger King.
- 2002-05-03
By Elaine Walker, The Miami Herald Knight Ridder/Tribune Business News By Elaine Walker, The Miami Herald Knight Ridder/Tribune Business News
Parent Firm of Arby's Offers Bid for Burger King.
- 2002-05-03
By Elaine Walker, The Miami Herald Knight Ridder/Tribune Business News By Elaine Walker, The Miami Herald Knight Ridder/Tribune Business News
Fast-feeders' offensive: go after snack attacks; Burger King, Arby's try quick bites to satisfy cravings.(Brief Article)
- 2000-10-02
Americans are eating more snacks than ever before, and fast-feeders from Burger King to Arby's and McDonald's are quickly assembling menus to cash in on consumer cravings for impulse fare. Americans are eating more snacks than ever before, and fast-feeders from Burger King to...
Leading Chaing Tangle With Web
- 1998-11-16
Pepperoni pianos that actually make music from Little Caesars Pizza. Dancing peppers a la Chili's Grill & Bar. Sirloin-stealing Koala's courtesy of Outback Steakhouse. Casting calls for America's "Greatest Hamburger Lover" coming from Wendy's. And "LobsterCam" live from Red Lobster. Those developments and others just...
Chains are going back to basics
- 1994-07-18
At a time when back to basics has become the latest mantra for quick- service companies, a number of chains are returning to the original trademarks that helped launch them into the fastfood business. Whether chains are reintroducing Col. Sanders, slow-roasted, flame broiled or delivery in 30 minutes or...
Fast food comes of age. (fast food restaurants)(includes related articles) (Cover Story)
- 1994-05-01
Major brand name fast food chains have diversified into nontraditional markets to maintain their competitive edge. These markets include college campuses, supermarkets and mass retailers such as convenience stores (C-stores) and gasoline stations. In its search for new locations and alternatives, the fast food industry has increased its co-branding with...
Local strategies edging out 'assembly-line' menus
- 1993-07-19
While continuing to maintain their national operator status, some restaurant companies are replacing an assembly-line approach to menus, marketing and store decor with more regional, local and neighborhood programs. No longer the walking standardization giants of yore, today national quick-service chains like McDonald's, KFC, Burger King and Arby's use...
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