8/13/2007

The International House of Pancakes is acquiring Applebee's International, and IHOP Chairwoman and CEO Julia A. Stewart talks to The New York Times about applying IHOP's strategy for success to Applebee's. More than 99% of IHOP's 1,319 restaurants are franchises, and it hopes to do the same with most of Applebee's 508 company-operated locations, once the transaction is complete.

Full Story:
NYTimes.com

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