P.F. Chang’s: made with heart, served with honor
May 14, 2022
P.F. Chang’s was founded in Scottsdale, Arizona, in 1993, by Paul Fleming and Philip Chiang.
Philip Chiang is the son of the late Cecilia Sun Yun Chiang (1920-2020), a well-known restauranteur and chef and founder of the Mandarin restaurant chain.
P.F. Chang’s is a trendy Asian-themed restaurant with locations right across the United States. The first restaurant was opened at the Scottsdale Fashion Square in Scottsdale, Arizona in 1993. Also in that year, P.F. Chang’s acquired four bistro restaurants and formed China Bistro, Inc.
The name “P. F. Chang’s” is a derivative of the founders’ names, P.F. for Paul Fleming and Chang for Philip Chiang (whose surname was simplified to Chang).
The menu features American Chinese dishes and is described as Asian flavours.
In 2010, P.F. Chang’s China Bistro Home Menu became available in supermarkets, providing customers with a variety of frozen appetizers and meals.
Private investment firm, Centerbridge Partners, acquired P.F. Chang’s in 2012 for $1.1 billion.
In March, 2019, TriArtisan Capital Advisors acquired P.F. Chang’s from Centerbridge.
P.F. Chang’s has more than 100 international markets in 26 countries, including, Argentina, Aruba, Bahrain, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Egypt, Jordan, South Korea, Kuwait, Lebanon, Mexico, Oman, Pakistan, Panama, Philippines, Puerto Rico, Qatar, Saudi Arabia, Turkey, United Arab Emirates and the United Kingdom.
In January 2020, Chang’s announced their first take-out only location would open in Chicago, Illinois. The company obtained more than $5 million that year in small-business loans as part of the Paycheck Protection Program for Coronavirus relief.
P.F. Chang’s menu includes special items such as, Chang’s Lettuce Wraps, Chang’s Spicy Chicken, Peking Duck, and various types of sushi.
Communications and Marketing
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