Subway

By Jonathan Maze on Feb. 23, 2022

The Bottom Line: The company’s sales announcement this week provided an incomplete picture of its performance. But that doesn’t mean we can’t draw some conclusions.

Financing

Subway’s unit volumes hit an 8-year high in 2021

By Jonathan Maze on Feb. 22, 2022

The sandwich giant’s average unit volumes were their highest since 2014 and same-store sales were flat compared with 2019. But hundreds of stores are still closing.

Premium

Financing

Subway tries a new franchising strategy: bigger operators

By Jonathan Maze on Jan. 05, 2022

The Bottom Line: The sandwich giant grew into the most prolific franchise in the world with small-scale operators. Now it wants franchisees with more locations.

Leadership

What were they thinking???

By Peter Romeo on Dec. 21, 2021

Politics, poorly considered comparisons, bad texts and poorly conceived relief plans: The biggest restaurant blunders of 2021.

Financing

Supply chain delays interrupt Subway’s push to remodel more locations

By Jonathan Maze on Dec. 16, 2021

But the sandwich giant sees big potential in sprucing up more of its restaurants as part of its revitalization strategy.

Financing

Subway makes another big international deal

By Jonathan Maze on Nov. 30, 2021

The sandwich giant has an agreement to expand more rapidly in Saudi Arabia. It’s the chain’s third major international deal in recent months.

Premium

Financing

A Subway sale, even if one was coming, would not be easy

By Jonathan Maze on Nov. 29, 2021

The Bottom Line: The company says it is not for sale. But valuation concerns and a lack of obvious buyers make a deal especially complicated.

Financing

Subway inks a massive deal in India

By Jonathan Maze on Nov. 02, 2021

The sandwich giant reached a deal with a private investment firm that will more than triple the number of locations in the country over the next decade.

Food