The 4th largest fast food chain, and second largest hamburger chain (by store numbers), what company opened its first store in Miami, Fla on December 4, 1954?
Royal Castle (restaurant chain) amid allegations of accounting irregularities and stock price manipulation, and was forced to sell off its assets, including Royal Castle. By the 1970s the Royal Castle chain began to lose ground to other fast-food hamburger chains, including McDonald’s as well as Burger King, which also was founded in Miami in 1954. In 1975, the remaining shareholders of Royal Castle voted to liquidate the company at $2 a share, down from the $12 per share when the company was acquired by Performance Systems. Royal Castle (restaurant chain) Royal Castle was a Miami, Florida-based hamburger restaurant chain known for its miniature hamburgers
Chain store Chain store A chain store or retail chain is a retail outlet in which several locations share a brand, central management, and standardized business practices. They have come to dominate the retail and dining markets, and many service categories, in many parts of the world. A franchise retail establishment is one form of chain store. In 2004, the world's largest retail chain, Walmart, became the world's largest corporation based on gross sales. In 1792, Henry Walton Smith and his wife Anna established W.H. Smith as a news vending business in London that would become a national concern in the mid-19th