In 1968, the two founders rebranded the shop and called it Subway. By 1974, the company had 16 shops throughout Connecticut. By 1981, Subway had 200 locations across the US, with 100 more opening ...
Each of these franchise founders faced setbacks that could have ... Two iconic brands, Subway and Jersey Mike's, may sell to private equity after years of being closely held.
Subway co-founder Fred DeLuca died Monday at the age of 67. DeLuca was diagnosed with Leukemia in 2013. He continued to run Subway as CEO while undergoing treatments for his illness, but recently ...
WEST PALM BEACH, Florida: A developer on Thursday sued the founder and president of Subway restaurants for US$5 billion, claiming the billionaire businessman hijacked his dreams of creating ...
In 2019, the founders tapped Bill Phelps—cofounder of Wetzel’s Pretzels ... In April 2024, it finalized a nearly $10 billion purchase of Subway.
Subway's co-founder says that the company needs to consider making major changes like opening new "sub-chains." The chain's same-store sales have dropped 13% since 2013. Subway is trying to turn ...