Piccadilly Restaurants

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Piccadilly Restaurants
TypePrivate
IndustryRestaurants
Founded1944; 78 years ago (1944) in Baton Rouge, Louisiana
HeadquartersBaton Rouge, Louisiana, U.S.
Key people
Azam Malik, CEO
ProductsComfort Food, cafeterias, institutional food service management, catering
Websitehttp://www.piccadilly.com

Piccadilly Restaurants is an American chain of cafeteria-style, casual dining restaurants in seven, mainly southeastern United States with the majority located in the Gulf Coast region. They are owned by Piccadilly Holdings LLC.

In addition to its traditional restaurants, Piccadilly operates Piccadilly Emergency Services, which provides meals in emergency and disaster settings, and Piccadilly Food Service, which offers meals for schools, hospitals and government organizations.

The company also offers family dining, meals-to-go and catering services.[1]

History[edit]

Piccadilly first opened its doors in Baton Rouge, Louisiana in 1944.

The first Piccadilly Cafeteria opened in 1932 in Baton Rouge, Louisiana. T.H. “Tandy” Hamilton acquired the business in 1944.[2]

Piccadilly expanded in 1998 when it purchased Morrison’s Cafeterias, a major competitor.[3] The move doubled the number of locations to 270, but poor performance led the company to file for bankruptcy in 2003.[4] The company was then purchased by Yucaipa Companies and Diversified Investment Management Group.

Piccadilly filed again for Chapter 11 bankruptcy protection in 2012, as it was down to 41 locations.[5][4] The company was purchased by Falcon Holdings, led by its former CEO Azam Malik, in 2014.[4] In 2018, the company resumed its expansion, opening its first Piccadilly To-Go location in Cordova, Tennessee. In 2019 a "prototype" restaurant designed to lead future growth was opened at Juban Crossing in Denham Springs, LA, near the company's original location in Baton Rouge.[6]

As of April 2022 there are 33 restaurants and over 80 food service locations under the brand name in Alabama, Florida, Georgia, Louisiana, Mississippi, Tennessee, and Virginia. [7]

References[edit]

  1. ^ "Bloomberg". www.bloomberg.com. Retrieved 18 October 2018.
  2. ^ "Piccadilly Restaurants, LLC Company Profile | D&B Hoovers". www.hoovers.com. Retrieved 18 October 2018.
  3. ^ Staff, Susan G. Strother of The Sentinel. "PICCADILLY GOBBLES UP STRUGGLING MORRISON'S". OrlandoSentinel.com. Retrieved 18 October 2018.
  4. ^ a b c tboone@theadvocate.com, TIMOTHY BOONE |. "With new focus on 'to go' orders, Piccadilly is opening restaurants again; second is in Baton Rouge". NOLA.com. Retrieved 2022-06-15.
  5. ^ "Piccadilly cafeteria chain files for Chapter 11 bankruptcy". NOLA.com. Retrieved 18 October 2018.
  6. ^ "PICCADILLY PROTOTYPE RESTAURANT TO OPEN NEXT MONTH IN DENHAM SPRINGS - 225 Magazine". 225 Magazine. 19 November 2019. Retrieved 25 January 2022.
  7. ^ "Locations - Piccadilly". Piccadilly Website. Retrieved 25 January 2022.