History
The Kailis family opened the first Red Rooster store in the Perth suburb of Kelmscott, Western Australia in 1972. Myer Emporium (later part of Coles Myer) purchased the business in July 1981. In 1992 Red Rooster bought the Big Rooster chain to expand into the eastern states, and renamed the stores "Red Rooster". In May 2002 Red Rooster was purchased by Western Australian company Australian Fast Foods Pty Limited, which owned the competing Chicken Treat fast food chain. As of 2012 there were over 360 Red Rooster stores, in all states and territories of Australia except Tasmania.
In April 2007 Red Rooster and Chicken Treat were sold for A$180 million to a consortium formed by the management and the venture capital arm of Westpac known as Quadrant Capital.
In April 2009 the Red Rooster chain in New Zealand closed its stores.
Red Rooster employs over 7,500 people.
In 2010 Red Rooster was moving company-owned stores to franchises.
In June 2011 Quadrant Capital sold Quick Service Restaurants, which owns the Red Rooster chain, for A$450 million to Archer Capital.
Read more about this topic: Red Rooster
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“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Hence poetry is something more philosophic and of graver import than history, since its statements are rather of the nature of universals, whereas those of history are singulars.”
—Aristotle (384–322 B.C.)
“History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this.... It is not “history” which uses men as a means of achieving—as if it were an individual person—its own ends. History is nothing but the activity of men in pursuit of their ends.”
—Karl Marx (1818–1883)