Search results
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.
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 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.
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 ...
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
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.
People also ask
What happened to Quiznos Grill?
Did Quiznos make a mistake?
Why did Quiznos close?
How many Quiznos restaurants are left?
Who owns Quiznos?
Why did Quiznos lose popularity?
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…