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Subway

Financing

A tale of two Subway competitors

 By Jonathan Maze on Apr. 10, 2024

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

Food

Subway is releasing a new line of wrap sandwiches

 By Jonathan Maze on Apr. 04, 2024

The fast-food giant is coming out with a new line of flatbread wraps, joining the quick-service restaurant wrap battle with its first new bread option in three years.

Financing

Subway's move to Pepsi highlights a changing beverage market

By Jonathan Maze on Mar. 21, 2024

The Bottom Line: The fast-food sandwich chain's new beverage contract is aimed at breathing life into its drink sales as consumers order fewer sodas with their subs at its restaurants.

Beverage

Subway is switching to Pepsi

By Jonathan Maze on Mar. 19, 2024

The sandwich chain's U.S. restaurants will make the switch from Coke to Pepsi beverage products in the U.S. starting in 2025. Such moves among the biggest fast-food chains are rare.

Financing

Subway inks a new international development deal

By Jonathan Maze on Mar. 19, 2024

The fast-food sandwich chain reached a deal with McWin Capital Partners to take over management of the restaurant brand in France, the Czech Republic, Luxembourg and Belgium.

Financing

Subway's franchisee association signals a more aggressive stance

By Jonathan Maze on Mar. 14, 2024

The North American Association of Subway Franchisees said it has hired Robert Zarco, signaling a different tack in its relationship with the franchisor.

Financing

Subway pushes its franchisees to remodel their restaurants

By Jonathan Maze on Feb. 29, 2024

CEO John Chidsey told operators this week that they should remodel their locations or get out of the system. And he recruited help from franchisees who have upgraded their restaurants.

Financing

Subway has apparently sold a lot of its new Footlong Sidekicks

By Jonathan Maze on Feb. 01, 2024

The sub-sandwich chain, which is being sold to Roark Capital, said its footlong pretzel, churro and cookie are exceeding sales expectations.

Financing

Subway's discounting strategy runs into the California wage hike

By Jonathan Maze on Jan. 25, 2024

The Bottom Line: The company recently started requiring franchisees to accept digital coupons. That rule comes just four months before a large swath of its system starts paying a $20 wage. Some operators want the coupons turned off.

Financing

To some Subway operators, slicers aren't all they're sliced up to be

By Jonathan Maze on Jan. 22, 2024

The fast-food sandwich giant paid for automated slicers for each of its 20,000 locations. But some operators are still waiting to see the benefits. "Nobody is saying this is the greatest thing since sliced bread."

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