Subway

Financing

Subway has apparently sold a lot of its new Footlong Sidekicks

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

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.

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."

The sandwich giant is partnering with Auntie Anne’s and Cinnabon on new footlong pretzels and churros. Both chains are owned by Roark Capital, which plans to buy Subway.

The longtime franchisee for the fast-food sandwich chain discusses operators' relations with management, the company's new slicers, its discounting requirements and other topics in this transcript from this week's A Deeper Dive podcast.

A Deeper Dive: Bill Mathis, chairman of the North American Association of Subway Franchisees joins the podcast to talk about the group’s relationship with management.

The sandwich brand’s operators in the state are worried that a $20-per-hour fast-food wage will push many of them out of the business and are asking for concessions from Subway. They’re not always getting them.

Eager fans can have a first bite at select locations on Dec. 4, National Cookie Day.

The Bottom Line: Just when we thought the massive deal was set to go through, the feds stepped in to have their say.

The federal agency has opened an investigation into the $9.6 billion sale of the sandwich giant to Roark Capital, according to Politico.

  • Page 1