McCormick and Schmick's
McCormick & Schmick's Seafood Restaurants is a national chain of upscale seafood restaurants with over 80 locations in the U.S. and seven restaurants in Canada under The Boathouse name.
In 2012, McCormick and Schmick's was acquired by Landry's Inc. for $131.6 million.
The daily-printed menu at each McCormick & Schmick restaurant typically contains between 85 and 110 made-to-order dishes, including an extensive selection of international, national, regional and local species of seafood. The signature "Fresh List," prominently displayed at the top of the daily-printed menu, typically contains 30 to 40 varieties of fresh seafood, based on product availability, price and customer preferences.
McCormick & Schmick restaurants are designed to capture the distinctive characteristics of each local market, positioning it to compete successfully in a sector comprised primarily of locally-owned and operated seafood restaurants. The restaurants target a diverse customer base of men and women, primarily ages 30 to 60, typically college-educated and in the middle to upper-middle income brackets.
The history of McCormick & Schmick's Seafood Restaurants began when Bill McCormick purchased Jake's Famous Crawfish Restaurant located in Portland, Oregon, and brought the more than 100-year-old landmark back to life.
When asked the secret of how he revitalized a restaurant on the brink of closing, McCormick says, "I like nothing better than being a good host." In addition to his spirited personality, McCormick has an ability to bring out the best in other's managerial skills and strengths, a combination essential in a successful business.
Part of the managerial talent McCormick tapped was Doug Schmick, a management trainee. The two formed a partnership in 1974, creating Traditional Concepts, a precursor to today's McCormick & Schmick's Seafood Restaurants. In 1979, they opened the original McCormick & Schmick's Seafood Restaurant in Portland, Oregon. Since that time, the company has expanded to more than 80 restaurants across the country.
In 2004, McCormick & Schmick’s Seafood Restaurants, Inc. became a public company, trading on the NASDAQ as MSSR. In early 2007 McCormick & Schmick’s purchased five Boathouse Restaurant locations in Vancouver, BC. Since then, another has opened.
McCormick & Schmick’s offers each employee career advancement opportunities and offers a comprehensive employee benefits package designed to help balance work life and personal life.
Updated August 10, 2012