Miami — Subway, one of the world’s largest restaurant brands, is continuing to strategically expand its international footprint and recently celebrated the signing of its 15th new master franchise agreement over the past 2 years. The brand’s latest agreements in Bahrain, Georgia, Mainland China, Uruguay, Costa Rica and Panama will add more than 4,000 future restaurants across Europe, Middle East and Africa (EMEA), Asia Pacific (APAC), and Latin America and the Caribbean (LAC) within the next 20 years. Since 2021, Subway has signed 15 master franchise agreements or country development …
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Miami — In first quarter 2023, Subway saw positive traffic and double-digit growth in global restaurant same-store sales, driven by its continued focus on menu innovation, modernization of restaurants and improvements to the overall guest experience, including digital. Kicking off the second quarter, in April, the brand also achieved its highest weekly average unit volume (AUV) in the U.S. since 2010. Q1 global results, compared to the same period in 2022: 12.1% increase in same-store sales. 11.4% increase in digital sales. Q1 North America results, compared to the same period …
Miami — Subway, one of the world’s largest restaurant brands, has officially opened its new global dual-headquarters in Miami’s Waterford Business District. (The brand will also maintain its headquarters in Milford, Conn.) Located at 1000 Sub Way — a new street name designated by Miami-Dade County — the space is designed to advance the brand’s multi-year transformation journey to improve across all aspects of the business, including its workspaces. The office features the first-in-Subway-history Innovation Center and Mock Restaurant as well as a modern, open layout with multiple collaborative spaces, …
Milford, Conn. — Suzanne Greco, chief executive officer of Subway®, plans to retire at the end of June. Subway® has appointed Trevor Haynes, chief business development officer, as interim CEO, overseeing the day-to-day operations of the company, effective May 2, 2018.