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BUSINESS
July 21, 1989 | GEORGE WHITE, Times Staff Writer
Winchell's Donut Houses, the nation's second-biggest chain of doughnut shops, on Thursday tentatively agreed to be acquired for $40 million in cash by Shato Holdings Ltd., a Vancouver firm with restaurant and real estate interests. La Mirada-based Winchell's had been looking for a buyer since June 8, when the company announced it would consider offers.
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BUSINESS
July 21, 1989 | GEORGE WHITE, Times Staff Writer
Winchell's Donut Houses, the nation's second-biggest chain of doughnut shops, on Thursday tentatively agreed to be acquired for $40 million in cash by Shato Holdings Ltd., a Vancouver firm with restaurant and real estate interests. La Mirada-based Winchell's had been looking for a buyer since June 8, when the company announced it would consider offers.
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BUSINESS
July 9, 1997 | E. SCOTT RECKARD, TIMES STAFF WRITER
Nancy Parker, credited with stabilizing the finances of Winchell's during her five years as president of the doughnut shop chain, has resigned to pursue other interests, the company said Tuesday. The Santa Ana-based company said it hasn't found a successor. Executives there and at its privately held owner, Shato Holdings Ltd. in Vancouver, Canada, declined to provide other details about Parker's departure. Parker cut management drastically and closed numerous weak stores.
BUSINESS
July 15, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Winchell's introduced two "flavored-dough" doughnuts on Tuesday in what the company's top executive said is an attempt to "create a little bit of excitement" in a fairly staid industry. The 50-year-old company, which is based in Santa Ana, is trying different tacks to reposition itself and jazz up its image. It's repainting aging stores and dabbling in dual-branding--selling doughnuts under the same roof with another brand name product.
BUSINESS
December 23, 1989 | From United Press International
In a move that could bring pizza wars to Southern California, Pizza Hut said Friday that it has agreed to buy a major part of the Winchell's Donut Houses in the region to go head-to-head with Domino's Pizza. If the deal is completed, it would pit the nation's two largest pizza chains in a battle in the fast-growing home delivery market in the lucrative Southern California region.
BUSINESS
July 24, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
Within a few blocks of the headquarters of Foster's Family Donuts in Simi Valley sits one of the doughnut chain's stores. So does the local Winchell's Donut House. So does the local Donut Inn. It's like that in most Southern California cities, where one can hardly find a strip center devoid of doughnuts. And therein lies the competitive struggle that Warren J. Foster, the founder and president of Foster's Family Donuts, and his franchisees must try to overcome.
BUSINESS
September 30, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
Winchell's Donut House has 110 restaurants in Southern California. Krispy Kreme Doughnut Corp. has two. And therein lies the problem. Despite an enormous size advantage and a 50-year presence in the Southland, Santa Ana-based Winchell's is facing a marketing nightmare. Krispy Kreme is basking in hordes of free ink and air time, thanks primarily to the two-hour lines that greeted the openings of its first two stores, in La Habra and Van Nuys.
BUSINESS
September 30, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
Winchell's has 110 doughnut shops in Southern California. Krispy Kreme has two. And therein lies the problem. Despite an enormous size advantage and a 50-year presence in the Southland, Santa Ana-based Winchell's Donut House is facing a marketing nightmare. Krispy Kreme Doughnut Corp. is basking in hordes of free ink and air time in its Southland debut, thanks primarily to the two-hour lines that greeted the openings of its stores in La Habra and Van Nuys this year.
BUSINESS
June 8, 2003 | James F. Peltz, Times Staff Writer
The American doughnut was born in 1847, so the lore goes, when a Maine seaman urged his mother to shove a fork through the center of her "fried cakes." That solved the problem of the cakes' soggy middle and created the doughnut's trademark hole. Today, perhaps the most celebrated of the sweet treats are those fried up by Krispy Kreme Doughnuts Inc., whose hot "original glazed" doughnuts have earned a cult-like following.
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