web analytics

100s Of Subway Sandwich Shops Are Closing Because Of One Person

The past few years have been turbulent for the international restaurant and deli chain, Subway.

One of their former spokespeople, Jared Fogle, was convicted on charges related to child exploitation and lewd imagery, landing him in prison.

Since then, Fogle has made numerous unsuccessful attempts to gain release, causing further headaches for the company.

Despite the scandal, Subway has continued to draw customers, offering healthier alternatives compared to fast-food giants like Burger King and McDonald’s. At Subway,

diners have the option to customize their sandwiches, choosing their bread and fillings, which has long been part of the chain’s appeal.

However, despite its healthier offerings and enduring popularity, Subway has faced significant challenges.

In 2018, the company closed around 900 stores, followed by an additional 500 closures in subsequent years.

Suzanne Greco, who has been with Subway since her youth, took over as CEO but faced substantial criticism from franchise owners.

Many believed that she had not provided adequate support or fostered growth for the company.

A survey by Business Insider of Subway’s 25,800 U.S. locations revealed that about one-third were not profitable.

According to an industry source, some franchisees expressed frustration, feeling that Greco had failed in her leadership role.

Instead of addressing the mounting concerns, Greco chose to retire.

Following her departure, Trevor Haynes, Subway’s Chief Business Development Officer,

has stepped in as the interim CEO, tasked with steering the company through these challenging times.

Related Posts

With heavy hearts, we report the sad news about the beloved actor William Shatner

As one of the most influential figures in science fiction, William Shatner has transcended the boundaries of time and space with his unforgettable portrayals in film, television, and theater. However,…

Read more

Celebrated country music singer, dies at 79 after Parkinsons battle….

A beloved figure from the music world, known for his sharp wit and satirical edge, has passed away at the age of 79, leaving fans in shock. This larger-than-life personality…

Read more

I never knew these functions on

Smartphones are packed with features that make life easier, but many of these remain hidden beneath the surface, often unnoticed by most users. Whether you own an iPhone, an Android,…

Read more

🔴 Tsunami warnings triggered in California and Oregon after 7.0-magnitude earthquake

Read more

HEARTBREAKING ‘The Voice’ Winner—Shot and Airlifted in a Tragic Turn of Events

Country Singer Jason “Sundance” Head Survives Shooting Accident on Texas Ranch December 22, 2024 – Country music fans and the broader community are rallying around Jason “Sundance” Head, the beloved country…

Read more

Heartwarming Holiday Moments That Changed My Life Forever

A Gift That Changed Everything When I was a child, my family couldn’t afford gifts during the holidays and the magic of the season. Determined to give something, I wrapped…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *