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Subway

Financing

Subway left the door open, and Jersey Mike's burst in

 By Jonathan Maze on Jul. 01, 2024

As Subway's dominance has eroded over the past decade, Jersey Mike's has rapidly gained market share in the sub-sandwich restaurant category, setting the stage for an eventual takeover.

Financing

A 48-unit Subway franchisee declares bankruptcy

 By Jonathan Maze on Jun. 24, 2024

River Subs LLC, a large operator out of San Antonio, is seeking Chapter 11 debt protection after losing a nearly $3 million judgment in a wrongful death lawsuit.

Food

Subway expands its Sidekicks platform with $3 Footlong Dippers

By Patricia Cobe on Jun. 18, 2024

The footlong wraps come in three varieties, joining the menu’s oversized churros, cookies and pretzels as a savory snack option.

Financing

A Brazilian TGI Fridays operator declares bankruptcy

By Jonathan Maze on Jun. 14, 2024

SouthRock Capital, which had also operated Starbucks and Subway units, filed for Chapter 15 bankruptcy in Texas to protect its rights to the casual-dining restaurant chain.

Financing

Subway's debt sale is apparently breaking a record

By Jonathan Maze on May 29, 2024

The whole business securitization Roark Capital is using to finance its acquisition of the sandwich giant is reportedly the largest on record.

Marketing

When a supply chain ‘shortage’ becomes a marketing boon

By Heather Lalley on May 29, 2024

Marketing Bites: Subway is the latest example of a restaurant chain capitalizing on real or inflated supply issues to boost sales.

Financing

Subway completes its sale to Roark Capital

By Jonathan Maze on Apr. 30, 2024

The fast-food sandwich giant is finally changing hands after the sale to the private-equity firm was delayed over regulatory concerns.

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.

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