Food Retailing / Supermarkets

Carl’s Jr. Heads to Four New Intl. Markets

Expansion plans include Colombia, Dominican Republic, Panama and Puerto Rico

Published

12 years ago

February 14, 2012

VMSD Staff

CKE Restaurants Inc., the Carpinteria, Calif.-based operator of Carl’s Jr. restaurants, has entered into a five-year development agreement with Airport Shoppes Corp., a subsidiary of International Meal Company, to open approximately 50 Carl’s Jr. restaurants in four new markets: Colombia, Dominican Republic, Panama and Puerto Rico.

“Latin America and the Caribbean have a wealth of untapped market potential for a restaurant brand like Carl’s Jr.,” says Ned Lyerly, executive vp, global franchise development for CKE Restaurants.

CKE Restaurants’ global network includes 3219 restaurants in 26 countries with annual sales of $3.4 billion. The company is focusing on expanding its international presence with more than 420 franchise restaurants outside of the U.S. Its more than 3000 franchised, licensed or company-operated restaurants operate under the banners Carl’s Jr. and Hardee’s.

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