New York | Reuters — Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich […] Read more
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Tag Archives subway
Deal for Subway chain worth up to US$9.55 billion
Arby's, Jimmy John's parent wins with 'earn-out' deal
Subway reportedly nears sale to Arby’s owner
Chain's parent firm considering sale since February
Reuters — Roark Capital, which owns restaurant chains Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about US$9.6 billion, the Wall Street Journal […] Read more
Subway, McDonald’s expand Beyond Meat rollouts in Canada
Major fast-food chains McDonald’s and Subway are both expanding their rollouts of plant-based Beyond Meat products in Canada, beyond the range of their initial tests. McDonald’s Canada announced Wednesday it […] Read more
Subway to test-market plant-based ‘meatball’ subs
The world’s biggest fast food chain by number of outlets plans to test-market plant-based meat substitute at some of its Canadian and U.S. restaurants starting next month. Subway on Wednesday […] Read more
Subway says it shut hundreds of U.S. restaurants last year
Reuters — U.S. sandwich chain Subway Restaurants said on Thursday it shut 359 restaurants in the U.S. last year, amid stiff competition in a highly fragmented fast-food industry. Subway, owned […] Read more
Subway to ramp up Canadian meat sourcing
One of the biggest fast-food players operating in Canada has pledged to lock in Canadian suppliers for some of its Canadian stores’ meat supplies by the end of 2016. The […] Read more
Subway to switch to cage-free eggs by 2025
Reuters — Sandwich chain Subway said it would stop using eggs laid by caged hens in its North American outlets by 2025, joining a number of companies that are going […] Read more
Study alleges U.S. fast food still mostly raised on antibiotics
Los Angeles | Reuters –– Most large U.S. fast-food chains still serve meat from farm animals that have been routinely fed antibiotics, consumer groups said in a new report, which […] Read more
McDonald’s says rough ride to continue into 2015
Reuters — McDonald’s Corp. warned Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more […] Read more