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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 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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  3. 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.

  4. 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 ...

  5. Jun 10, 2024 · It filed for bankruptcy protection in 2014, and while it tried to lure customers with novelties like Quiznos Grill, a fast-casual restaurant in 2015, and remodeled restaurants with drive-thrus and expanded menus, the sandwich chain never recovered.

    • Tim Forster
  6. Jul 28, 2012 · July 28, 2012. On Quiznos. Well for one, the Quiznos franchise group just hired Stuart Mathis, a franchise industry veteran, as it’s new President and CEO. Mathis was the President of The UPS Store network, a position he held for 10 years.

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  8. Apr 9, 2024 · Eventually, leveraged buyouts and class-action court settlements saddled the business with more debt than it could service, resulting in a chapter 11 bankruptcy filing in 2014. Many consider Quiznos to be one of the worst collapses of a restaurant chain of all time…

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