Get to Know The Inspiring Couple Behind America’s Favorite Chinese Fast Food Restaurant
It’s no secret that Americans love eating Chinese food. No wonder a lot of restaurants serving delicious Asian cuisine have found success in the country. In fact, statistics say that there around 41,000 Chinese restaurants in the United States alone. That’s reportedly three times higher than the number of McDonald’s fast-food joints.
One of the most popular chains today is Panda Express, famously known for their chow mein and orange chicken. Meet the people behind the Chinese restaurant’s incredible success story.
Power couple Andrew and Peggy Cherng, both age 71, share the distinction of holding the CEO post in their super successful business in the food industry. Currently, they are reportedly worth a whopping $3 billion managing around 2,000 locations around the world. But before all this, they were just like the many immigrants trying to achieve the American dream.
Andrew was born in Yangzhou, China to a chef father. He eventually came over to the United States for his education and studied mathematics. It was during this time at Baker University that he crossed paths with his future wife Peggy, who came to America from Hongkong.
While she later transferred to another university, their meeting ended in them marrying each other in 1975 after Peggy got her Ph.D. At the time of their marriage, Andrew has already been in the restaurant for two years and has actually opened a place called Panda Inn with his father working as the chef.
Peggy would only join the business 1983 and that was when they created Panda Express as it is known today. The first branch of the restaurant was opened at a shopping mall in Glendale, California.
Combining their knowledge and experiences in food service and engineering, the couple was able to streamline the restaurant’s logistics and operations. In fact, Peggy is considered to be a pioneer in the use of technology for tasks like re-ordering ingredients and even doing inventory.
Soon, all their hard work paid off. Within the span of a decade, their single restaurant spawned 97 others after rapid growth. And their success continues to this day recording impressive sales numbers like the 90 million pounds of orange chicken they sold in 2018 alone.
Not surprisingly, the business of Chinese food became a family affair for the Cherngs. In fact, two of their children actually work for the restaurant’s corporate parent, Panda Restaurant Group.
Their daughter Nicole Cherng reportedly serves as the manager of catering and special events for the company. Now, the couple’s goal is to further challenge themselves and see what more they can achieve while also keeping their mission to inspire in mind.
More in Business Lounge
Here’s Your Chance to Buy Joe Jonas and Sophie Turner’s Encino Home For $16.75 Million
One-third of the Jonas Brothers, Joe has been under the spotlight for quite a while now. The talented actor has been...November 25, 2021
Princess Kate and Prince William’s Looked Gorgeous At The Royal Variety Performance 2021
Prince William and Kate Middleton left the kids at home on Thursday for a night on the town. Or should we...November 23, 2021
Sylvester Stallone Spills The Beans on Rocky IV’s Making
Some people want “big” to happen; others contend with wishing it would happen; and then there are those who actually make...November 12, 2021
These Are The Design Secrets Behind Creating a Home Office That’ll Actually Help You Get Things Done
Working from the comfort of one’s home is an opportunity that not everybody has. But although many people dream of having...November 10, 2021
Feeling Lost Career-Wise? Here Are Some Empowering Tips Straight From an Expert Recruiter
When it comes to navigating the professional world, every decision counts. So, people who are serious about advancing their careers in...November 5, 2021
Feel The Spirit of Love This Winter With These Hit Romantic Movies
Now that the spooky season is over, it’s time to cozy into the upcoming winter season and nothing screams cozy like...November 2, 2021
Embrace The Life of a Digital Nomad as You Work Remotely From These Idyllic Cities
If there’s one positive change that the execrable year of 2020 brought, it is remote working. A change that was utterly...November 1, 2021
The Legendary Elizabeth Taylor Looks Ravishing In Rare Pictures!
Some actors are born to change the face of the world. Their existence and presence make such a huge impact on...October 30, 2021
Bride Surprises Blind Fiancé With Tactile Wedding Dress
Weddings are invariably special occasions. Not just for the couple, but for two whole families. There are no expenses spared, and...October 28, 2021