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1 min read
Global sandwich chain Subway explores sale of business after six decades of family ownership
Global sandwich chain Subway says it is exploring a possible sale of the business after almost six …
3 mins read
More than 100 Subway franchisees slam executives and demand lower fees in open letter to 'multi-billionaire' owner
"However canned that statement was, we did find it revealing, as it showed how out of touch your co…
Kate Taylor  Â
3 mins read
Everything you need to know about Subway's rise and fall, including a franchisee revolt, menu overhaul, and more
Subway franchisees are upset over new corporate rules, enacted under CEO John Chidsey, that put the…
Kate Taylor,Nancy Luna  Â
2 mins read
Subway's cofounder pursued franchisees' wives, appeared in a shirtless calendar, and had a secret adopted child
Subway's current problems are inextricable from the strategies co-founder Fred DeLuca used to build…
Kate Taylor  Â
3 mins read
Subway's billionaire owner has quietly started her own foundation that's separate from her late husband's multi-million dollar nonprofit
The widow of Subway co-founder Fred DeLuca is in the spotlight as Subway sales rumors swirl and fra…
Kate Taylor  Â
3 mins read
More than 100 Subway franchisees call on the chain's 'multi-billionaire' owner to fix the 'nightmare' business
"We had to take away from our families so that we can pay royalties to you, a multi-billionaire," f…
Kate Taylor  Â
5 mins read
I visited 4 Subway locations and found stale bread, bad tuna, and outdated and dirty restaurants. These are just a few of the problems its new owners need to fix.
Subway's ups and downs and its future under Roark Capital.
Nancy Luna  Â
1 min read
Subway is being sold to a massive private-equity firm, finally moving the sandwich chain away from family ownership after nearly 60 years
Subway said on Thursday that it was being acquired by affiliates of Roark Capital, six months after…
Grace Dean  Â
6 mins read
Fred DeLuca ran Subway like a titan, sleeping with franchisees' wives, micromanaging, and penny-pinching. Insiders say he set it up for failure.
He maintained a tight grip on the company operations and surrounded himself with employees who love…
Matt Turner,Jordan Parker Erb  Â
2 mins read
Subway's late cofounder will give half the company to a charity where his 2 sons work, amid reports the chain is considering a sale
On Tuesday, Peter Buck's private foundation said that it was receiving Buck's 50% stake in the chai…
Nancy Luna  Â
2 mins read
Subway co-founder Fred DeLuca has died
He continued to run Subway as CEO while undergoing treatments for his illness, but recently named h…
Hayley Peterson  Â
1 min read
Subway co-founder Peter Buck, who turned his $1,000 investment into a multibillion-dollar franchise, dies aged 90
Billionaire Peter Buck, the last surviving co-founder of Subway, died on Thursday. He started the s…
Kiera Fields  Â
2 mins read
Subway says its menu refresh boosted sales to an 8-year high. It added new sandwiches, new bread options, and a parmesan vinaigrette.
Subway updated its menu with 11 new and improved ingredients, six new or returning sandwiches, and …
Grace Dean  Â
3 mins read
Starbucks baristas say they're fed up with complex custom drink orders that can verge on the ridiculous. One said they were asked to blend egg bites into a drink.
Some Starbucks staff members say they're sick of making what they consider overly complex, "disgust…
Grace Dean  Â
2 mins read
The company that makes McDonald's McFlurry machines was hit with a restraining order as part of a legal battle about why the machines sometimes break, a report says
A company claimed that Taylor, which makes McDonald's McFlurry machines, tried to steal trade secre…
Grace Dean  Â
2 mins read
Subway has launched a website laying out the 'truth' about its tuna
Subway launched subwaytunafacts.com, where it says its tuna is is "high-quality, premium, and 100% …
Grace Dean  Â
2 mins read
Subway CEO defends the chain's tuna and says he 'absolutely' eats its tuna subs. 'It's one of my 2 favorite sandwiches.'
Subway has just overhauled its menu and ingredients - but didn't touch its tuna, CEO John Chidsey t…
Grace Dean  Â
2 mins read
Subway's new 20-year franchise contracts mean the chain could take over stores if they close for snowstorms, powercuts, or terrorist attacks, legal experts said
New conctracts mean Subway franchisees could lose their stores if they close more than once a year …
Grace Dean  Â
2 mins read
YouTube faces more brand-safety backlash from advertisers
Insider's top advertising and media stories for June 11.
Lauren Johnson  Â
4 mins read
Top fintech bankers helping startups make deals and IPO
These 10 fintech bankers are helping startups make deals and hit the public markets. They share ins…