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Subway

Financing

Roark Capital solidifies its status as the go-to fast-food buyer

 By Jonathan Maze on Aug. 25, 2023

The Bottom Line: The 22-year-old private equity firm has been involved in many of the industry’s biggest deals, especially in recent years. And Subway isn’t even the biggest.

Financing

Subway's complex sale process comes to its expected conclusion

 By Jonathan Maze on Aug. 24, 2023

The Bottom Line: The lengthy sale process and the apparent deal terms in Roark Capital’s winning bid reveal just how difficult a turnaround the sandwich giant is.

Financing

Roark Capital has a deal to buy Subway

By Jonathan Maze on Aug. 24, 2023

The private equity firm, which owns Inspire Brands and Focus Brands among other restaurant companies, won an eight-month auction for the sandwich giant.

Marketing

One big Subway challenge: Its online reputation

By Jonathan Maze on Aug. 23, 2023

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

Financing

The owner of Jimmy John's makes a run at Subway

By Jonathan Maze on Aug. 21, 2023

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?

Financing

Subway is apparently nearing a sale

By Jonathan Maze on Aug. 21, 2023

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

Leadership

Subway overhauls its leadership amid ongoing sale talks

By Jonathan Maze on Aug. 16, 2023

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.

Financing

Here is why the Subway sale is so complicated

By Jonathan Maze on Aug. 04, 2023

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.

Financing

How a trio of seismic events affected Subway, Chipotle and Texas Roadhouse

By Jonathan Maze on Aug. 02, 2023

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.

Financing

Subway says it continues to generate sales growth

By Jonathan Maze on Jul. 25, 2023

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.

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