Today, the Louisiana fast food chain’s chicken sandwich returns to restaurants nationwide. The menu item created significant buzz this summer when it sold out in just two weeks due to high demand. Private equity made the Popeyes spicy chicken sandwich and its comeback possible. Our new video explains how:
In 1991, Popeyes experienced financial difficulty, and declared bankruptcy. Private equity saw an opportunity to invest in the struggling chain and turn things around. Since then, the business hasrebounded, expanded its locations, and created new jobs. Today more than 3,000 Popeyes locations employ tens of thousands of American workers in 46 states + the District of Columbia.