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/CNW/ - Subway® Canada will commit to $500,000 Canadian dollars as it continues its mission to help feed kids in local communities with the return of its...
Subway's multi-year turnaround is off to quite the start. The world's largest sandwich chain announced Tuesday that it beat 2021 sales projections by nearly $1.4 billion and reached its highest annual AUV since 2014. Three-fourths of the system, or more than 16,000 locations, experienced a 7.5 percent rise in same-store sales compared to 2019. Overall domestic comps sequentially improved throughout the year and were positive for Q2-Q4. In December, same-store sales increased 8.7 percent versus two years ago.
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(Prachana Thong-on / Shutterstock) For quite a few of us, Subway holds a little place in our hearts. Maybe we grew up eating it. Maybe it’s our go-to road trip meal. Or maybe that special Subway smell makes our bellies rumble. Regardless of our fondness (or lack of) for Subway, it’s safe to say that this fast-food chain has stayed pretty much the same all these decades. But, that has all changed with the launch of their new Eat Fresh Refresh campaign. A (Brief) History Of Subway Back in 2008, during the financial crisis, Subway thrived due to their $5 footlong deal. It was an easy, cheap...
Subway Making Changes? Sandwich Chain Will Have New Ingredients 07/06/21 AT 6:35 PM Amid sluggish sales, Subway is on its way to a revamp. The sandwich chain will offer new ingredients and sandwiches starting July 13 as a part of its most comprehensive update to its menu. The Connecticut-based company has seen a decline in revenue after becoming one of the world's largest fast-food chains. According to franchise disclosure documents, Subway's parent company Doctor’s Associates reported 2020 revenue at $689.1 million, down 28% from 2019′s net sales of $958.9 million. Due to the pandemic...