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Aug 21, 2024 · August 21, 2024. Quiznos, once a thriving sandwich empire, has seen a dramatic decline, baffling both consumers and competitors like Subway and Jimmy John’s. This article explores Quiznos’ downfall, focusing on their franchise problems, financial troubles, and market share loss.
Jun 13, 2018 · Jonathan Maze. On Monday, Quiznos was sold to an investment firm out of San Diego. This has given me time to tell the story of one of the biggest restaurant chain collapses in industry history. Between 2007 and 2017, Quiznos shrunk from 4,700 U.S. locations to fewer than 400.
Aug 24, 2023 · Quiznos restrictive business practices didn't go unnoticed, and in 2006, around 10,000 franchise owners took corporate to court with a class action lawsuit.
Aug 9, 2024 · The economic downturn of 2008 exposed the vulnerabilities of Quiznos’ business model. The chain’s premium pricing strategy, which had been a cornerstone of its brand identity, clashed with ...
Apr 9, 2024 · Quiznos would quickly pledge to reimburse franchisees for 400 coupons, then 700 coupons and then eventually 100% of redeemed coupons. But the damage had already been done. Customer trust was lost and the Quiznos brand took a major hit.
- Keith Donovan
May 19, 2021 · In reality, Quiznos’ 2020 unit closures were not all that bad compared with its recent history. Five years ago, Quiznos operated 671 locations. In 2010 it operated more than 2,800. At its peak, in 2006, it was close to 5,000.
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Jun 10, 2024 · At its peak around 2006, Quiznos had about 5,000 restaurants - but by 2024, the chain has all but collapsed, with under 150 locations left in the U.S. The reason for Quiznos' precipitous downfall seems to be more about poor management and poor sandwich sales rather than changing tastes.
