Chi-Chi's Mexican restaurants to return after 20-year absence [FOX News]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: FOX News
More than two decades after closing its last location, a beloved Mexican restaurant chain is making a comeback. Chi-Chi's, which has been out of business since 2004, is returning in 2025, it was announced this week. Hormel Foods , which owns the Chi-Chi's trademark, said it reached an agreement with Michael McDermott, the son of one of the original Chi-Chi's founders, allowing him to use the name to reopen the restaurant chain next year. "I still have fond memories of growing up in the Chi-Chi's restaurants that my father built throughout their time, instilling in me the passion and determination to pursue my own career in the restaurant industry," McDermott said in a release announcing the chain's return. McDermott revealed to Fox News Digital that "the first two stores will be opened in Minnesota in 2025," although further specifics about the reopening were not provided. "Our goal is to explore the original development path Chi-Chi's took through both company and franchis
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HRL
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- 12/4/24 - Miss
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- 12/18/24 - Form PX14A6G
- 12/18/24 - Form ARS
- 12/18/24 - Form DEFA14A
- HRL's page on the SEC website