A Brazilian TGI Fridays operator declares bankruptcy

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.


Subway's debt sale is apparently breaking a record

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

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

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

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.

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.

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.

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.

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.

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

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