Subway

Marketing

One big Subway challenge: Its online reputation

The sandwich giant finished last in an analysis of fast-food chains’ online reputation. At the top: Chick-fil-A.

Financing

Subway is apparently nearing a sale

Roark Capital is reportedly close to a $9.6 billion acquisition, though a source said that the process remains “very competitive and fluid.”

The Bottom Line: Roark Capital reportedly has the inside track at buying Subway. But it also owns Jimmy John’s. Can the two chains coexist under the same owner?

Trevor Haynes, president of North America for the sandwich giant, is leaving the company at the end of the year. Douglas Fry, who heads Subway Canada, will take his place. The chain made several other leadership changes.

The Bottom Line: The sandwich giant is reportedly expected to complete a sale by Labor Day. But it’s never been a slam dunk. And here’s why.

A Deeper Dive: RB editors Lisa Jennings and Peter Romeo join Jonathan Maze on the podcast to talk about three major events and the impact they had on these chains.

The sandwich giant, which is looking for a buyer, said its same-store sales increased 9.3% in North America in the first half of 2023.

The sandwich giant, which has spent the year on the market, has again extended the bidding process as potential new buyers emerge.

The sandwich giant’s third major menu overhaul, featuring slicers and a line of new subs with more meat, continues an overhaul that began two years ago.

The sandwich giant over the past two years has signed deals that would add more than 9,000 restaurants internationally, turning around a business that was surprisingly weak.

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