Entrepreneurial professionalism

Article Abstract:

Maple Leaf Foods' takeover by Wallace McCain and his sons, Michael and Scott, in 1995, reinvigorated one of Canada's biggest meat processors. The company, which aims to produce a net return on assets of 11% annually by the year 2000, actually benefited from the ouster of the McCains in 1995 from McCain Foods of New Brunswick, Canada, the company Wallace co-founded with his brother, Harrison, in 1952. Wallace and his sons, who retain a 34%-stake in McCain Foods, saw an opportunity to start anew and took it.

Comment:

Its takeover by Wallace McCain and his sons, Michael and Scott, in 1995, reinvigorated 1 of Canada's biggest meat processors

Strategy & planning, Acquisitions & mergers, Animal Slaughtering and Processing, Meat Products, Maple Leaf Foods Inc., Article

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The grocery store: IGA marketplace

Article Abstract:

IGA grocery chain entered the home meal replacement market to grab market share from the foodservice industry. IGA provided its groceries with a ;marketplace environment with wide aisles, open displays and restaurant seating. It then devoted an entire section to meal solutions. The section produces around 90 items under four categories, Take and Bake, Grab-and-Go, Hot Foods and Ready-to-Eat. Groceries have the edge over restaurants in that they have lower price margins and longer shelf life of food items.

Grocery Stores, Supermarkets and Other Grocery (except Convenience) Stores, IGA Inc.

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The chain: Koo Koo Roo's California kitchen

Article Abstract:

Koo Koo Roo Canada Ltd. carves its place in the foodservice industry with its family/casual environment restaurants. Customers order their food at the counter. Cooking is done in small batches every 30 minutes to assure that food is still fresh when served. Its target market are individuals who do not have the ability and the desire to cook. These people fall within the 25 to 55 age bracket, belonging to the educated and upper-income level. Koo Koo Roo carries turkey and chicken foods as its core items.

Food Services and Drinking Places, Commercial Food Services, Food services, Koo Koo Roo Canada Ltd.

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