McCormick & Schmick’s Seafood Restaurants was founded in 1970 when Bill McCormick purchased Jake’s Famous Crawfish, a 100-year-old restaurant in Portland, Oregon. He hired Douglas Schmick as the manager.
McCormick & Schmick formed Traditional Concepts in 1974. The first McCormick & Schmick’s restaurant opened in 1979 in downtown Portland.
The company went public in 2004, trading on the NASDAQ under the ticker symbol MSSR. By 2009 the chain had almost 100 restaurants and catering locations in the U.S. and Canada.
In 2011 the company’s biggest shareholder, Tilman J. Fertitta, made a bid to take the company private. In 2012 he sold McCormick & Schmick’s Seafood Restaurants to Landry’s Restaurants, which is the owner of several national chain restaurants including Bubba Gump Shrimp and The Rainforest Cafe.
The company maintains a corporate office in Houston, Texas.