Shari's Cafe & Pies

Last updated
Shari's Cafe & Pies
Company type Private
Industry Foodservice
Founded1978;46 years ago (1978)
Hermiston, Oregon, U.S.
Headquarters Beaverton, Oregon, U.S.
Key people
Samuel Borgese (CEO) [1]
Revenue$97.6 million (2006)
OwnerCircle Peak Capital
Number of employees
4,000 (2017) [1]
Subsidiaries Coco's Bakery
Website sharis.com
Footnotes /references
Company data. [2]

Shari's Cafe & Pies, originally known as Shari's Restaurants, is a chain of family dining restaurants in the western United States based in Beaverton, Oregon. [3] [4] Its restaurants are pie-oriented. [5] The franchise's original restaurant was opened in Hermiston, Oregon, in 1978. [3] In mid-2017, the company was operating 95 locations, just one fewer than in the year 2000. [1] [6] As of April 2024, the company operates 75 locations in California, Idaho, Oregon, Washington, and Wyoming. [7] Shari's are known for their familiar hexagonal building design. [8]

Contents

History

Shari's logo (2003-2011) SharisLogo.jpg
Shari's logo (2003–2011)

Shari's began in Hermiston, Oregon, in 1978 with Ron and Sharon Bergquist as proprietors. [9] The two ran the company for seven years. By 1999, Shari's was the ninth-largest family restaurant chain in the United States based on total sales, and sixth in growth. [10]

Shari's logo from 2011 Shari's Cafe and Pies Logo.png
Shari's logo from 2011

In March 1999, the chain was acquired by Fairmont Capital Inc. for $60 million. [11] At that time Shari's operated 96 locations in seven states with 4,000 employees and $128 million in annual revenue. [11] They were still the ninth largest family chain in 2003. [12]

Shari's lost a gender discrimination lawsuit in April 2005 and was ordered to pay $122,225 in damages. [13] [14] In December 2005, the company was purchased by New York private investment firm Circle Peak Capital. [9]

President Larry Curtis retired in July 2008 after 24 years with Shari's and was succeeded by Bruce MacDiarmid.[ citation needed ] In 2009, Shari's Restaurants took ownership of a number of northern California Baker's Square restaurants and converted them to operate under Shari's name. [15] Since approximately the middle of 2011–2012, the chain has updated its logo and bills itself on signs and in media as "Shari's Cafe & Pies."[ citation needed ]

Shari's also had several restaurants in Colorado, Utah, Arizona, and Texas in the past. The restaurant company decided to permanently close all of its locations within those four states due to poor management sometime between the mid-1990s and early 2000s.[ citation needed ] The chain is currently operated by Shari's Management Corporation in Beaverton. Most, but not all locations are open 24 hours a day, with a focus on specialty pies. [16] Samuel Borgese was named CEO in September 2017, replacing MacDiarmid. [1] [3] In mid-2017, the company was operating 95 locations in the states of California, Idaho, Nebraska, Oregon, Washington, and Wyoming, just one fewer than in the year 2000. [1] [6] In July 2023, the company closed its restaurant in Scottsbluff, Nebraska. It was the only location within the state.[ citation needed ]

In September 2018, it was announced that Shari's Cafe & Pies had taken over Carrows and Coco's Bakery. [17] [18]

Location in Garden Home, Oregon in 2009 Garden Home Oregon Sharis.JPG
Location in Garden Home, Oregon in 2009

See also

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References

  1. 1 2 3 4 5 Marum, Anna (September 8, 2017). "New Shari's CEO to put 'healthier twist' on menu". OregonLive.com. Retrieved 8 September 2017.
  2. ↑ Hoovers: Shari's Management Corporation
  3. 1 2 3 Marum, Anna (September 8, 2017). "New Shari's CEO to put 'healthier twist' on menu". The Oregonian . Retrieved December 26, 2017.
  4. ↑ "Shari's Café & Pies". www.oregonencyclopedia.org. Retrieved 2024-03-09.
  5. ↑ "No more pies! Shari's suddenly shuts its last Tri-Cities restaurant after 40+ years". Yahoo Finance. 2023-04-24. Retrieved 2024-03-09.
  6. 1 2 About, Shari's Cafe & Pies, 2017, archived from the original on August 10, 2017, retrieved January 19, 2024{{citation}}: CS1 maint: unfit URL (link)
  7. ↑ "Locations – Shari's Restaurant". sharis.com. Retrieved 2024-01-18.
  8. ↑ "A familiar name fills Village Grill kitchen in Wood Village". oregonlive. 2010-03-20. Retrieved 2024-03-17.
  9. 1 2 Shari’s: Our History Archived 2007-05-16 at the Wayback Machine
  10. ↑ Family chains fight back with acquisitions, reduced unit size. Nation's Restaurant News, July 26, 1999.
  11. 1 2 Fairmont, execs buy Shari's chain for $ 60M. Nation's Restaurant News, March 15, 1999.
  12. ↑ Most second-tier family brands seek recovery from sales slippage; Special Report: Second 100. Nation's Restaurant News, July 28, 2003.
  13. ↑ Gresham man wins gender-bias suit. The Oregonian, April 20, 2005.
  14. ↑ "Gay man wins lawsuit against Shari's". Eugene Register-Guard (via Google News). April 22, 2005. Retrieved January 2, 2015.
  15. ↑ "Shari's Restaurants Expands". March 18, 2009.
  16. ↑ "Sharis Promotes Vickie Irish to Vice President of People Engagement and Development". IT Business Net Press Release. August 31, 2017. Retrieved September 6, 2017.
  17. ↑ "Shari's Management Corp. takes over Coco's and Carrows". Nation's Restaurant News. 2018-09-13. Retrieved 2020-06-03.
  18. ↑ Maze, Jonathan (September 17, 2018). "Shari's Pies now owns Coco's and Carrows". Restaurant Business. Retrieved 2020-06-03.
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