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In 2007, Burger King announced its "competitive hours" requirement that mandated locations extend their hours of operation to midnight for most of its American locations. [65] Burger King's reasoning for the changes were necessary to maintain a competitive stand against McDonald's and Wendy's. [ 66 ]
The first Burger King in Asia opened in Granville Road, Hong Kong on 7 August 1979, as the 2500th Burger King globally. [25] In 1982, franchisees opened stores in several East Asian countries, including Japan, Taiwan, Singapore and South Korea. [5] In 1982, the license for Burger King's operations in Singapore was given to Food Systems.
Burger King Holdings was the parent company of Burger King when it went public in 2002. [67] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [67] however, a substantial portion of its revenue was dependent on franchise fees. [67]
Instead of beef, the patty is made from The Vegetarian Butcher's meat alternative, which is soy-based and mimics the juicy taste of real meat.
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The company changed its mind with the opening of its second Whopper Bar location in the South Beach section of the company's home town of Miami; Burger King reported that it would be the only current American, national fast food chain selling beer in its home territory. [4]
In 2007, Burger King began licensing its logo and items to outside companies for non-Burger King products. A licensed products company, Broad Street Licensing Group, and its manufacturing partner, the Inventure Group, introduced the first products in the fall of that year: flavored potato crisps in two flavors, flame-broiled burger and French ...