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Jun 7, 2021 · With more franchisees leaving the network, and the world slowly recovering from a major recession, the brand began looking for ways to remain relevant in a shifting consumer landscape. In 2015, a year after filing for bankruptcy, Quiznos launched the Quiznos Grill Concept.
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With more franchisees leaving the network, and the world...
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Aug 24, 2023 · Quiznos denied any wrongdoing, and in November both the franchisee leading the suit and Quiznos reached a settlement that didn't end with anyone handing over any cash. Franchise Times says their attempts at getting more information just ended with everyone declining to make a statement, but the rest of the owners weren't done yet.
Dec 15, 2022 · He and President Mark Lohmann set about revamping Quiznos with a new, operator-first model they hoped would right past wrongs and return the long-suffering chain to growth. That, Patel said, is what the brand was missing while he was there.
Dec 31, 1969. Quizno’s Sub humbly began at one solitary location on the corner of 13th and Grant in Denver, Colorado’s busy Capital Hill neighborhood in 1981. Approximately six years later in...
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Aug 5, 2024 · According to C-Store Dive, Quiznos first began making a comeback in 2022 when it partnered with Nebraska-based Pump & Pantry. Four “highly successful” co-located restaurants opened as a result of the relationship, Quiznos stated in an announcement last month.
They renamed it the Quiznos Franchise Corp. Rick Schaden became the president and then CEO of Quiznos after the purchase. Quiznos was taken public in February 1994, with an initial public offering of 1,000,000 shares of stock at $5 per share, resulting in a $4.4 million yield.
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Aug 9, 2024 · Quiznos’ franchise model was a significant contributor to its eventual decline. The company’s approach, marked by high franchise fees and stringent operational controls, created a tense ...
