Clock (restaurant)

Clock (restaurant)
Clock logo

Clock was a Swedish hamburger restaurant chain originally founded by an off-shoot from the US based Carrols. The chain suffered from mismanagement and declared bankruptcy; as the government had acquired the forfeited company, it was incorporated into the state-owned restaurant chain SARA.

As Carrols Clock used the McDonald's concept with names for hamburgers such as 'Big Clock' ('Big Mac'). Using a huge clock as its logo, the chain grew to be very successful and widespread during the 1970s and 1980s, even branching out to China, but got into economic problems in the 1990s and started closing or selling restaurants. In 1996 Clock actually sold six restaurants (four in Stockholm and two in Gothenburg) to McDonald's. The same year, as part of what turned out to be a new business strategy, the company bought the hotel and restaurant company Provobis, which had the same main owner, Rolf Lundström, who thereby consolidated his holdings. It also attempted to reduce its own ownership in restaurants and increase the number of franchise restaurants, but by 1998 only 14 Clock restaurants remained, of which six were sold the same year and the remaining eight at the beginning of 1999. The company took the name Provobis, and was in 2000 bought by the large Scandic Hotels corporation.

McDonald's continued to expand in Sweden during this period (as did other American chains such as Burger King and Pizza Hut), but in an interview in 1996 the CEO of Clock explained the problems of his company with the increasing competition from other types of fast food such as kebab and sandwiches.

Clock is as of 2007 a registered trade mark of Swedish company F&S.

References

  • Cecilia Frisk & Peter Claesson, "Hamburgare får ny förpackning: McDonald's tar över del av Clock-kedjan", Göteborgs-Posten 27 Aug. 1996.
  • Marianne Björklund, "Delar av Clock till McDonald's", Svenska Dagbladet 27 Aug. 1996.
  • Nils Odén, "Hamburgerkedjan Clock kan avvecklas. Oklar framtid efter köp av hotellkedja. Satsning eller nedläggning kan bli resultat", Svenska Dagbladet 9 Oct. 1996 (article from the news agency Tidningarnas Telegrambyrå).
  • "Clocks restauranger sålda?" (unsigned), Göteborgs-Posten 26 Feb. 1999.
  • Kenny Genborg, "Scandic tar över hotellkedjan Provobis", Göteborgs-Posten 13 April 2000.

Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Clock — (englisch: Uhr) steht für CLOCK, Circadian Locomotor Output Cycles Kaput, Gensequenz Clock (Lied), 1997 von Coal Chamber Clock (Band), The Clock, Comicfigur The Clock (OT, 1945) US Film, dt: Urlaub für die Liebe Clock (Restaurant), schwedische… …   Deutsch Wikipedia

  • Clock (disambiguation) — A clock is an instrument for measuring time. Clock or Clocks may also refer to: In music The Clock , another name for Haydn s Symphony No. 101 Clock , a 1997 song by the band Coal Chamber Clocks , a 2002 song by the band Coldplay Clock (band), a… …   Wikipedia

  • The Clock (film) — Infobox Film name = The Clock caption = director = Vincente Minnelli producer = Arthur Freed writer = Pauline GallicoPaul Gallico starring = Judy GarlandRobert WalkerJames GleasonKeenan WynnMarshall ThompsonLucile GleasonRuth Brady music = George …   Wikipedia

  • Three O'Clock Lobby — The Three O Clock Lobby was a statewide, youth run youth advocacy organization in Michigan in the late 1970s. It was one of the forerunners of the American youth rights movement. Formation In 1976, Michigan s Office of Juvenile Justice Services… …   Wikipedia

  • Cheeseburger in Paradise (restaurant) — Cheeseburger in Paradise Type Private Industry Restaurant Headquarters Tampa, Florida, United States of America Number of locations 34 Area served 17 States …   Wikipedia

  • Dinner at the Homesick Restaurant —   …   Wikipedia

  • Sunshine Guest House & Restaurant — (Джодхпур,Индия) Категория отеля: Адрес: Surya Colony, Naya Bas …   Каталог отелей

  • Margaritaville Casino and Restaurant — For information about the defunct Margaritaville casino project in Atlantic City, New Jersey see Trump Marina Margaritaville Casino and Restaurant Proposed rendering Location Biloxi, MS Theme Margaritaville No …   Wikipedia

  • List of defunct retailers of the United States — This is an incomplete list, which may never be able to satisfy particular standards for completeness. You can help by expanding it with reliably sourced entries. Across the United States, a large number of local stores and store chains that… …   Wikipedia

  • Sercotel Ad Hoc Hotel Valencia (Valencia & Province) — Sercotel Ad Hoc Hotel Valencia country: Spain, city: Valencia & Province (City: Centre) Sercotel Ad Hoc Hotel Valencia Location Located in a magnificent building next to the Cathedral, Sercotel Ad Hoc Hotel Valencia is placed close to the Palacio …   International hotels

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”