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  1. www.restaurantbusinessonline.com › financing › briefA brief history of Quiznos’ collapse - Restaurant Business

    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. www.mashed.com › 132827The Real Reason Why Quiznos Is Disappearing Across The ...

    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.

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  4. 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.

  5. tms-outsource.com › posts › what-happened-to-quiznosThe Sandwich Tragedy: What Happened to Quiznos? - TMS Outsource

    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.

  6. medium.com › @ramireznatalie › how-quiznos-fell-offHow Quiznos Fell Off - Medium

    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 ...

  7. www.chowhound.com › 1597359What Actually Caused The Downfall Of Quiznos - Chowhound

    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.

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  9. startupstumbles.com › what-happened-to-quiznosWhat Happened to Quiznos? (A Franchisee Hellscape)

    Apr 9, 2024 · Through a unique combination of higher level ingredients, overall quality, toasting (a novelty at the time) and effective marketing, the fast-food submarine sandwich chain Quiznos started to take off in the late 90s. Its franchise offering and IPO in 1994 would lead to the chains’ eventual expansion to over 5,000 locations worldwide at its peak.

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