Here's Why Popeyes Almost Disappeared From the Fast-Food
Popeyes is one of America's most popular and lucrative fast-food chains, but not always. After becoming famous for spicy fried chicken
Al Copeland, a young New Orleans donut store owner, started Popeyes in 1972 after realizing fried chicken was more profitable. Popeyes'
Copeland added Cajun spice to Popeyes' chicken to distinguish it from KFC and give it a neighborhood feel. Popeyes changed from offering bland chicken
Popeyes' iconic "love that chicken" slogan and buttermilk biscuits were established during the early 1980s. By 1985, it had 500+ restaurants countrywide.
KFC was the market leader in the 1980s, followed by Church's and Popeyes, which had smaller market shares.
Popeyes' Al Copeland unexpectedly bought Church's for roughly $400 million. Church's initially opposed the merger with Popeyes, but the struggling
Popeyes was saved by the Canadian Imperial Bank of Commerce's bankruptcy purchase of the two chains. The bank created AFC to manage
Popeyes started a new chapter in 2017. Restaurant Brands International, which owns Burger King and Tim Horton's, bought the
franchise for $1.8 billion. Since then, the brand has opened more outlets and introduced its Fried Chicken Sandwich.