Little Chefs: What happened to roadside diner chain [Yahoo! Finance]
COMPASS GROUP SP/ADR (CMPGY)
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Source: Yahoo! Finance
Many of us have fond memories of childhood visits to a Little Chef. Lawrence Wosskow from Sheffield remembers the free sweets. "We always got a lollipop when we were there," he says, recalling family visits en route to Bournemouth for his summer holidays. "We always used to look forward to going. When you saw a Little Chef, you knew it was going to be good." Lawrence took his love for Little Chef into adulthood, growing up to become a successful entrepreneur who ended up buying the restaurant chain. He was one of many Little Chef owners during its 60-year history. Little Chef was started in 1958 by catering boss Peter Merchant and caravan manufacturer Sam Alper. The pair had witnessed the popularity of roadside diners on business trips to the United States and decided to bring their own version to the UK. Car ownership was growing and the UK's road network was expanding. Sam Alper's widow, Fiona, believes her husband spotted an opportunity. "I suspect Sam had that
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