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Manchu leads the working race. (Manchu Wok, Panda Express market share)
From:
Restaurants & Institutions
| Date:
August 1, 1994| Author:
Bernstein, Charles
| COPYRIGHT 1994 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Manchu Wok and Panda Express are the top two Chinese fast-food restaurant chains in the US. Panda Management Company Inc. has 140 units in malls and food-courts and reported sales of $90 million in 1993. Manchu Wok had sales over $100 million in 1993 and operates 275 units. Manchu Wok plans to continue to expand the number of units, including free-standing units. Manchu Wok also is considering alternative formats for its outlets, such as railroad terminals and portable carts.
The As...