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Top related persons:
Peter Cancro - 1 he'd - 1 Cancro - 1 Forbes - 1 Jack - 1 Levi Strauss - 1 Cava CAVA - 1 Cava - 1
Top related locs:
Jersey California Pleasant , New Jersey University of North Carolina U.S Cava Werner Omaha , Nebraska
Top related orgs:
Subs - 2 Jersey Mike's Subs - 1 Blackstone - 1 Bloomberg - 1 University of North - 1 Forbes - 1 Dutch Bros - 1 Publicly - 1

Search resuls for: "Jersey Mike's Subs"


4 mentions found


☆ At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion
  + stars: | 2024-11-23 | by ( Natalie Wu | ) www.cnbc.com   time to read: +1 min
The shop, which he ended up renaming Jersey Mike's Subs, has since made him a billionaire. The deal reportedly valued Jersey Mike's Subs at around $8 billion including debt, bumping Cancro's net worth to estimated $7.5 billion, according to Bloomberg. The night his mom suggested he buy the business he'd been working at since he was 14, he laughed, Cancro told Forbes in August. He called the restaurant owner the next day and the owner told Cancro he had a week to find $125,000, Cancro told "The Jedburgh Podcast" in 2021. Cancro became the sole owner of Mike's Subs before even graduating from high school.
Persons: Peter Cancro, he'd, Cancro, Forbes Organizations: Subs, Jersey Mike's Subs, Blackstone, Bloomberg, University of North, Forbes Locations: Pleasant , New Jersey, Jersey, University of North Carolina
☆ These 10 retail brands are the fastest growing in the U.S., Yelp says
  + stars: | 2024-04-10 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +6 min
Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Of the 50 fastest-growing chains in Yelp's report, 35 were restaurant brands. Jack in the Box, First Watch and Dutch Bros were among the public restaurant chains included in the report, but they didn't crack the top 10. Popeyes' higher sales have encouraged franchisees to open more locations and led new operators to join the brand, Restaurant Brands executives have previously said. In 2023, Popeyes surpassed KFC as the second-most popular chicken chain in the U.S. by sales, trailing only Chick-fil-A.
Persons: Jack, Levi Strauss, Cava CAVA, Cava, Zachary Lucy, Scott Olson, Darden, Yum, Stephanie Dhue, Tim Hortons, Burger King, Randy Risling, Popeyes, Michael Siluk, Freddy's, Kyle Rivas, It's, Justin Sullivan Organizations: Dutch Bros, Publicly, Nordstrom, Costco, New York Stock Exchange, Pacific Coast League, Omaha Storm, Memphis Redbirds, AP, LongHorn, Getty, Darden, steakhouse, Parent, Yum Brands, Taco Bell, KFC, East, CNBC, Wawa, Toronto Star, Brands, Restaurant Brands, UCG, Thompson, Capital Partners, Rally House, Kansas City Chiefs, Tampa Bay Buccaneers, Subs Locations: U.S, Cava, Werner, Omaha , Nebraska, Nebraska, Skokie , Illinois, California, West, Wawa, Bethany Beach , Delaware, Philadelphia, It's, Louisiana, Lansing , Kansas, Kansas City , Missouri, Midwest, Pennsylvania, Arizona, Olive, Lincolnwood , Illinois, Jersey, Petaluma , California
☆ Some Chick-fil-A customers can now skip the drive-thru and have their chicken sandwiches delivered by drone
  + stars: | 2023-11-20 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +3 min
Chick-fil-A began testing drone delivery in Texas and North Carolina last year. Retailers and restaurants testing drone service include Walmart, Amazon, and Jersey Mike's. Chick-fil-A restaurants in Granbury, Texas, and Durham, North Carolina, have been testing drone deliveries since September 2022. AdvertisementIn Florida, customers within the restaurant's drone drop zone can order delivery by drone through the Chick-fil-A app. Drone delivery is still experimental in the US but is catching on among top retailers and restaurant chains.
Persons: —, Chick, Cane's, Papa Organizations: Florida . Retailers, Walmart, Amazon, Service, Papa Johns , Jersey Mike's Subs, Cream, Little Caesars, Starbucks Locations: Texas, North Carolina, Florida, Jersey, Brandon, Granbury , Texas, Durham , North Carolina, Virginia Beach , Virginia, Tel Aviv, Papa Johns , Jersey, Little, Southern California, California, California , Texas
☆ Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale
  + stars: | 2023-04-30 | by ( Abigail Summerville Anirban Sen | Abigail Summerville | Anirban Sen | ) www.reuters.com   time to read: +5 min
This is weighing on how much the private equity firms are offering to buy companies. So far, bids for Subway have ranged between $8.5 billion and $10 billion, one of the sources said. This is a more expensive route that private equity firms may not opt for, three of the sources added. To be sure, Subway is allowing bidders to use any financing route they want, as long as they can show they can secure committed financing. TPG and Bain were part of a group that owned Burger King when John Chidsey, who is now Subway's CEO, headed that burger fast-food restaurant chain.
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