Raising Cane's Chicken Fingers

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Raising Restaurants, LLC.
Raising Cane's Chicken Fingers
TypePrivate
IndustryRestaurants
GenreFast food
FoundedAugust 28, 1996; 27 years ago (1996-08-28)
FounderTodd Graves
Headquarters,
U.S.
Number of locations
600 (2022)[1]
Area served
United States
Bahrain
Kuwait
Saudi Arabia
United Arab Emirates
Products
RevenueIncreaseUS$1.5 billion (2020)[citation needed]
Number of employees
50,000[2] (2022)
Websitewww.raisingcanes.com

Raising Cane's Chicken Fingers (also called Raising Cane's or Cane's) is an American fast-food restaurant chain specializing in chicken fingers founded in Baton Rouge, Louisiana by Todd Graves and Craig Silvey in 1996.

History

Early years

Founders Todd Graves and Craig Silvey were both enrolled in a business plan writing course while studying at different universities. Graves wrote the business plan and Silvey submitted it, for which Silvey received a C-minus grade. At the time, Graves worked at Guthrie's Chicken Fingers.[3] The business plan was rejected numerous times by potential investors, so Graves earned the needed money working as a boilermaker in a Los Angeles, California refinery and fishing for sockeye salmon in Alaska. He and Silvey obtained a SBA loan, which they used to open their first restaurant, located in Baton Rouge at the intersection of Highland Road and State Street near the LSU campus.[4][5][6]

International expansion

The chain first began expanding internationally in 2015, opening its first restaurant in Kuwait.[7] The namesake mascot, a dog, is not seen on signage and merchandise, as dogs are not popular in Kuwait.[8]

COVID-19 pandemic

In March 2020, many of Cane's locations switched from dine-in to pick-up and take out service only because of the COVID-19 pandemic, while others closed temporarily. As of July 2020, certain locations had reopened their dining rooms, although Graves said the company was in no rush to do so on the full scale.[9]

In 2021, in response to a shortage of workers the company began dispatching hundreds[10] of corporate employees to work in its restaurants as cooks and cashiers, in addition to their existing duties regarding the hiring of new employees. The company plans to hire 10,000 new employees.[11] The company's co-CEO claims that corporate employees are trained in the kitchen and on the register under normal circumstances.[12]

Mascot

Graves' original dog was Raising Cane, a yellow Labrador. Other namesake Labradors have served as company mascots, as well as certified therapy animals.[13] His successor was Raising Cane II, adopted in January 2018.[14]

References

  1. ^ "Kicking Off Massive Growth in 2022, Raising Cane's Celebrates Opening of 600th Restaurant". RestaurantNews.com. January 10, 2022. Retrieved January 13, 2022.
  2. ^ "Raising Cane's drops $100,000 on Mega Millions tickets — again". Washington Post. July 29, 2022. Retrieved July 29, 2022.
  3. ^ Sayre, Alan (June 12, 2007). "Finger joint beat the odds on fish turf". Atlanta Journal-Constitution. p. D3.
  4. ^ Olmstead, Larry (May 30, 2018). "This fast-food chain serves one specialty". USA Today. Retrieved September 13, 2019.
  5. ^ "Our Philosophy". Raising Cane's. Retrieved September 13, 2019.
  6. ^ "About Our Founder". Raising Cane's. Retrieved June 20, 2022.
  7. ^ Blake, David (February 9, 2018). "Raising Cane's goes international". WWL News. Retrieved 13 September 2019.
  8. ^ Yoder, Kaci (2015-11-11). "First overseas Raising Cane's adapts to the Middle East". 225 Magazine. Retrieved 2021-08-23.{{cite web}}: CS1 maint: url-status (link)
  9. ^ Chung, Heidi (April 30, 2020). "Raising Cane's CEO: We're not going to hurry back and reopen stores". Yahoo! Finance. Retrieved July 11, 2020.
  10. ^ "Raising Cane's sending corporate staff to work in restaurants amid labor shortage". The Hill. 7 October 2021.
  11. ^ "Facing employee shortage, Raising Cane's putting corporate staff to work as fry cooks, cashiers". ABC7. 6 October 2021.
  12. ^ "Raising Cane's puts corporate staff to work as fry cooks, cashiers amid staffing shortage". TODAY.com. Retrieved 2022-01-31.
  13. ^ "In Memoriam: Raising Cane II". www.facebook.com. Archived from the original on 2022-02-26. Retrieved 1 March 2021.
  14. ^ Kern, Sydney (20 March 2018). "Big paws to fill: training begins for Raising Cane III". WBRZ. Retrieved 12 February 2021.