Subway

Financing

Subway is making a massive change to its menu, and it may not be done

The sandwich giant, eager to overcome years of declines and rebuild volumes, is de-emphasizing customized subs with 12 new sandwiches customers order by number.

Financing

Subway’s growth returned last year, but its market share did not

The Bottom Line: Its share of the market for limited-service sandwiches continued to decline last year. Here’s a look at who is taking that business.

A Deeper Dive: Trevor Haynes, the chain’s president of North America, joins the podcast to discuss strategies to increase unit volumes and how many restaurants need to close.

The sandwich giant, looking to reinvigorate growth, has been testing vending machines as part of a broader “grab and go” strategy to use existing locations as bases for sales in multiple spots.

The sandwich giant has refreshed its catering program, hoping to take advantage of companies returning to offices.

The company, which has been shedding locations, wants more drive-thrus, nontraditional locations and bigger franchisees.

A plant shutdown due to Avian Flu has led to limits on turkey, leading some to buy it on their own. Ham and roast beef are limited, too, and costs have run higher than expected.

The Bottom Line: Companies quickly abandon operations in favor of selling them to franchisees. But keeping some locations can be better in the long run.

The Bottom Line: Two of the three biggest chains combined closed more than 1,400 restaurants last year. But their individual locations make more money.

The Bottom Line: There is only so much franchises can do to close their stores in the country. It’s not keeping people from calling for boycotts.

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