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Jun 13, 2018 · The company did two things that would hammer Quiznos. First, it added small toasters in all of its locations in 2005, eroding what Quiznos felt was a competitive advantage. The smaller chain failed to properly react to the move. And then, Subway began selling footlong subs for $5. Quiznos made the mistake of trying to compete by discounting.
Aug 24, 2023 · Restaurant Business blames Quiznos' fall on a combination of competition, a bad business plan, bad decisions, a nationwide recession, buyouts, bankruptcy, and bad press. That's a lot for any chain to recover from, and Quiznos' fate is still very much up in the air — especially when other sub chains are only expanding.
Jun 10, 2024 · The reasons are complicated — while it does seem that sub sandwiches have declined in popularity, the reason for Quiznos' precipitous downfall seems to be more about poor management rather than changing tastes. A big issue was that it expanded too fast — its initial decade was tame, starting from one Denver store in 1981, and only growing ...
- Tim Forster
Website. quiznos.com. 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.
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. We’ll dive into their operational challenges, franchisee ...
Aug 9, 2024 · A former Quiznos store. The Quiznos saga is a rich and complex narrative that offers profound insights into the intricacies of the fast-casual restaurant industry. Its journey from a modest ...
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Apr 9, 2024 · Two highly restrictive, internal forces that store owners had to face from day 1. Externally, competing sub shops were on the rise and one chain in particular, was about to make things a whole lot worse. On March 2008, about a year and a half after the Quiznos class-action lawsuits started piling up, Subway’s $5 footlong made its national debut.
