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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 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 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.
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 · 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.
- Tim Forster
Mar 8, 2023 · Per Restaurant Business, "Quiznos had a bad business model, a tough competitor, a devastating recession, and a leveraged buyout," which all contributed to its downfall. First opened in 1981, Quiznos started seeing massive growth in the late '90s.
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Jul 10, 2024 · Quiznos initially distinguished itself with its toasted subs and quirky marketing campaigns. However, as competitors like Subway and emerging fast-casual restaurants began offering similar products, Quiznos failed to innovate or protect its unique selling propositions effectively.