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  1. Jun 13, 2018 · Quiznos made the mistake of trying to compete by discounting. Maybe the most famous came in 2009, when the company sent out a coupon for a free sandwich, and franchisees, angry at the discounts and low profits, revolted and refused to accept the coupons. Customers got angry, and Quiznos' problems got worse.

  2. Aug 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.

  3. en.wikipedia.org › wiki › QuiznosQuiznos - Wikipedia

    Quiz Holdings, LLC, doing business as Quiznos, is an American franchised fast-food restaurant based in Denver that specializes in offering toasted submarine sandwiches. It was founded in 1981 by Jimmy Lambatos and sold to Rick and Richard Schaden ten years later.

  4. Jan 13, 2023 · In June 2022, there were only 170 Quiznos open. The closing of more than 4,000 units happened because “Quiznos had a bad business model, a tough competitor, a devastating recession and a leveraged buyout,” Restaurant Business Online explained in a piece about the company’s downfall.

  5. May 7, 2024 · Quiznos, the toasted sandwich chain, has been struggling to stay afloat in recent years. As of 2022, the company has filed for Chapter 11 bankruptcy protection, leaving many wondering if they...

  6. Jul 10, 2024 · Where did all the Quiznos go? Understanding what happened to Quiznos sheds light on critical aspects of business law and the importance of intellectual property (IP) in maintaining a competitive edge.

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  8. Aug 24, 2023 · Quiznos didn't just get outdone by their competition, they made some catastrophic business decisions that make part of their huge downfall one of the strangest stories of restaurant failure in the country.

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