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☆ Subway is adding something big to its menu
  + stars: | 2024-01-18 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
The permanent sides, called Subway Sidekicks, will be available across the US beginning January 22. Sidekicks marks a whole new menu category for Subway, best known for their sandwiches. The additions come from customers demanding more from the menu, according to Douglas Fry, Subway’s North America president. Technomic data shows that Subway also lags in sales for sides and snacks compared to its competitors. Yearly sales at Subway US restaurants are still much lower compared to its sandwich-making rivals.
Persons: Auntie Anne’s, Douglas Fry, “, we’ve, ” Fry, Fry, ”, David Henkes, ” Henkes, doesn’t, Jimmy John’s, Roark Organizations: New, New York CNN, Subway, North America, CNN, “, Sidekicks, US Subway, QSR Magazine, Jersey, Roark Capital Locations: New York, North America
☆ Jersey Mike's CEO Peter Cancro: We win by getting a lot done with less labor
  + stars: | 2023-08-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJersey Mike's CEO Peter Cancro: We win by getting a lot done with less laborPeter Cancro, Jersey Mike’s founder and CEO, joins 'Squawk Box' to discuss the company's growth plans, the challenges facing the food industry, impact of inflation, and more.
Persons: Peter Cancro Organizations: Jersey Locations: Jersey
☆ Subway has sold itself to a private equity firm
  + stars: | 2023-08-24 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Subway has sold itself to private equity firm Roark Capital, ending a six-month long search for a buyer. “This transaction reflects Subway’s long-term growth potential, and the substantial value of our brand and our franchisees around the world,” Subway CEO John Chidsey said in a statement. However, the Wall Street Journal reported the purchase price was “around $9.6 billion,” which would be slightly below the chain’s $10 billion asking price. Despite the sales turnaround, the number of US Subway stores declined to 20,576 last year according to Technomic. Another issue for Roark: Yearly sales at Subway US restaurants are still much lower compared to its sandwich-making rivals.
Persons: Roark Capital, ” Roark, Auntie Anne’s, Carvel, John Chidsey, Roark, Roark’s, Dunkin ’, Jimmy John’s, “ Roark, ”, Neil Saunders, GlobalData, ” Saunders, Trevor Haynes, He’s, Douglas Fry Organizations: New, New York CNN — Subway, Roark, Subway, Buffalo Wild Wings, Sonic, ” Subway, “, Wall Street Journal, ”, Inspire Brands, Inspire, US Subway, QSR Magazine, Jersey, Subway’s North Locations: New York, North America, Subway, Subway’s North America, Canada
☆ Freshly sliced meat and new store designs: How Subway is trying to save itself
  + stars: | 2023-07-08 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
Subway scrambled to make fixes: Adding freshly sliced meat earlier this month was the most recent one. Revamped menuSubway added freshly sliced meat this week. In addition to a more neatly organized menu board, Subway added numbers and new names to speed up service. And this week, it rolled out freshly sliced meat — a major shift from Subway’s previous method of having the meat sliced at its factories before being delivered to its stores. Adding freshly sliced meat “felt like the natural step that we needed to get back to and address,” Trevor Haynes, president for Subway’s North America operations, previously told CNN.
Persons: that’s, –, Dunkin, Jimmy John’s, Anthony Behar, ” Trevor Haynes Organizations: New, New York CNN, Firehouse, Wall Street, Inspire Brands, Subway, North, QSR Magazine, Jersey, Apple, customizations, Subway’s North, CNN Locations: New York, Jersey, North America, Subway’s North America
☆ Subway is making another big change to its menu
  + stars: | 2023-07-05 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —To undercut its fast-growing rivals, Subway is making a big change to its meats. Subway locations currently fresh slice vegetables and freshly bakes bread and cookies daily. The makeover placed less of an emphasis on customization in favor of a “Subway Series” sandwich menu, which now accounts for 20% of sales. Average yearly sales at Subway US restaurants, however, are much lower compared to its sandwich business rivals. Subway is also up for sale, with Haynes saying that it’s “on track” for an imminent announcement, likely in mid-July.
Persons: Jimmy John’s, ” Trevor Haynes, Haynes Organizations: New, New York CNN, Jersey Mike’s, Subs, Subway’s North, CNN, Subway, QSR Magazine, North Locations: New York, Jersey, Subway’s North America, North America
☆ ‘Too Many Seats, Too Few Butts’ Mean Changes at Your Favorite Restaurant
  + stars: | 2023-04-28 | by ( Spencer Jakab | ) www.wsj.com   time to read: 1 min
A drive-thru customer at a Taco Bell restaurant in New Jersey. Photo: Thomas P. Costello/USA TODAY NETWORK/ReutersIt would be pretty hard to confuse the prime bone-in rib-eye steak from Morton’s with the Philly cheesesteak at Jersey Mike’s, but at least they now have one thing in common: both can be delivered. For most people, a meal at an upscale chain is about the ambience as much as the food. The pandemic seems to have taken away some of the charm of eating out, though. A surprisingly high 18% of sales at American fine dining establishments last year, surveyed by consulting firm Technomic, were to people for whom there is no place like home—except maybe their car.
☆ National Sandwich Day has chains serving up sandwich deals today
  + stars: | 2022-11-03 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +1 min
November 3rd marks National Sandwich Day (yes, it’s a thing.) But even though National Sandwich Day is still not an actual holiday, plenty of restaurant chains are doling out deals and freebies on sandwich orders. Popeyes: Buy one Chicken Sandwich combo (classic or spicy) and get a second sandwich free through the chain’s app or website. Jersey Mike’s Sub: Customers can get free delivery on their sandwich order through the app. McAlister’s Deli: The restaurant chain is offering a buy one, get one free sandwich promotion today for its reward program members.
☆ For Black-owned businesses, concerns extend beyond inflation, supply chain issues
  + stars: | 2022-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Unknown.Jpeg | Curtis Bunn | ) www.nbcnews.com   time to read: +14 min
And we still do.”A recent study of small business owners by the U.S. Chamber of Commerce found that inflation and supply chain issues are the top challenges entrepreneurs face today. One in three small business owners call inflation their highest concern and 67% of them have raised prices in response to inflation. “The Paycheck Protection Program continues to be disadvantageous to smaller businesses, businesses owned by people of color, and businesses without employees. According to NBC Bay Area, searches for “Black-owned businesses near me” peaked in June 2020, with companies like Yelp making it easier for people to find and support Black-owned businesses, per data from Google. She said that during the height of the social justice movement, corporations and financial institutions pledged to support Black-owned businesses.
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