July 21, 2017 10:16 PM ET

Hotels, Restaurants and Leisure

Company Overview of Boston Market Corporation

Company Overview

Boston Market Corporation engages in the ownership and operation of restaurants. It operates approximately 462 restaurants. In addition, the company operates grocery stores in Massachusetts. It also provides catering services. The company is based in Golden, Colorado. Boston Market Corporation operates as a subsidiary of McDonald's Corp.

14103 Denver West Parkway

Golden, CO 80401

United States

12,470 Employees

Phone:

303-278-9500

Fax:

303-216-5339

Key Executives for Boston Market Corporation

Chief Executive Officer
Senior Vice President and Chief Financial Officer
Chief Executive Officer - Boston Market Concept and President - Boston Market Concept
President of Boston Market Concept
Age: 62
Senior Vice President, Secretary and General Counsel
Age: 59
Compensation as of Fiscal Year 2017.

Boston Market Corporation Key Developments

Boston Market Opens First Middle East Restaurant in Kuwait

Boston Market announced that its first Middle East restaurant opened this week in Kuwait. As previously announced in June 2016, Boston Market IP Company Ltd., an affiliate of Boston Market Corporation, signed an area development agreement with Al-Ghunaim Trading Co. Ltd. that will open dozens of Boston Market restaurants in the Middle East. Under the terms of the agreement, Al-Ghunaim Trading Co. will develop Boston Market restaurants in Kuwait, Oman, Bahrain, The Kingdom of Saudi Arabia, Lebanon, Qatar, and Jordan. The agreement is part of a plan by Boston Market to open 25 to 30 restaurants across the Middle East over the next few years. The first Boston Market restaurant to open in the Middle East is located in Jabriya of the Hawalli Governorate in Kuwait. The restaurant has indoor and outdoor patio seating, and also offers delivery to homes and catering for events. A second Boston Market restaurant is in the final stages of preparing to open in Kuwait. The second restaurant will open in Sabah Al Salem of the Mubarak Al-Kabeer Governorate in Kuwait.

Boston Market Introduces New Sweet & Spicy Apple Rotisserie Chicken & Brings Back Beloved Parmesan Tuscan Flavor for Limited Time

Boston Market®, unveiled a new rotisserie chicken flavor – Sweet & Spicy Apple, with slow-braised smoky apples, apple cider vinegar, sweet brown sugar, onions and a hint of roasted jalapenos. To make the start of spring even sweeter, fan favorite Parmesan Tuscan rotisserie chicken with Italian herbs, spices and a garlic Parmesan sauce is also making a triumphant return to the Boston Market menu; both flavors are available through June 4, 2017. Available now through June 4 at participating locations nationwide, the new Sweet & Spicy Apple rotisserie chicken and Parmesan Tuscan rotisserie chicken meal choices include a Half Chicken, Quarter White or Three Piece Dark Individual Meals with two sides and cornbread. Parmesan Tuscan rotisserie chicken will also be available for catering orders. Boston Market is also offering a variety of Easter meals that can be pre-ordered and picked up in participating restaurants from March 27 – April 16, 2017. Guests can purchase a Ham Heat & Serve Easter Dinner for 12 starting at $9.16 per person or stop in on Easter Sunday – nearly all 459 Boston Market locations will be open – to enjoy a hand-carved, honey glazed ham meal with two sides, fresh-baked cornbread and a slice of apple pie for $11.99.

Boston Market Plans to Open 16 New Locations in 2017

Boston Market provided a 2017 outlook which includes plans to open 16 new locations in 2017. The company's 2017 plans follow a strong 2016 marked by 14 restaurant openings, resulting in the creation of 336 new jobs. In 2017, Boston Market plans to build on its current restaurant count of 462 with the opening of 12 new restaurants in the United States, as well as 4 new restaurants internationally.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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