Subway Closed Almost 1,000 Locations in 2017

[TampaChinnodu]

Bad time to be in the meatball-sub business. First, Subway franchisees hear word, via a companywide memo, that the chain’s traffic has fallen by a truly staggering 25 percent in the last five years, and now comes news that the foundering company’s store count dropped by 909 locations in 2017, which is more than 3 percent of its U.S. footprint.

The store-traffic carnage was first reported last week by the New York Post, and the tabloid’s story also added that franchise owners are in practical revolt over Subway’s decision to once again sell $5 Footlongs.

Franchisees reportedly claim that profits are way too thin for any customer charity right now, and that the return of the $5 Footlong promo would be a fresh and unnecessary hell. More than 400 of them even signed a petition that complains that Subway’s marketing strategy over the last five years “has decimated [us] and left many franchisees unprofitable and even insolvent,” not to mention hastily torching all of their Jared Fogle cutouts. On Monday, angry franchisees drew their first blood when Subway’s North American marketing head Karlin Linhardt abruptly resigned. She was “believed to be” in charge of the $5 Footlong promo, according to the Post.

Besides bringing back the Footlong deal — which is still tentatively happening in January — Subway’s other attempts to stanch the flow include a major store-design revamp christened “Fresh Forward,” and the chain’s first loyalty program, which isn’t going so well yet. Also, there’s a really delicious-looking Reuben sandwich available all winter:

[TampaChinnodu]

1000 lo 900 Gujarat vallave vuntayee 

[Piracy Raja]

old news

[idibezwada]

6 minutes ago, TampaChinnodu said:

1000 lo 900 Gujarat vallave vuntayee 

andhrolla kutre antava?

[sid_22]

Idiots when there is no drive thru............. this is bound to fail.

 

[Piracy Raja]

1 minute ago, idibezwada said:

andhrolla kutre antava?

inka doubt aa 

 

@Android_Halwa

[jesse_bb]

17 minutes ago, idibezwada said:

andhrolla kutre antava?

Langa  special fachi pulusu menu lo add seyyandi.2000 locations renew avuthayi..

[yaman]

15 minutes ago, jesse_bb said:

Langa  special fachi pulusu menu lo add seyyandi.2000 locations renew avuthayi..

[Piracy Raja]

16 minutes ago, jesse_bb said:

Langa  special fachi pulusu menu lo add seyyandi.2000 locations renew avuthayi..

[kakatiya]

Subway or quizinis sub you will get profit if you run 3 or more subs in single zip code.. if you take subway franchise for single zip code profits will be less than 15%.

On top of it... If regular customers stop coming you will loose it all... Hardly saving 1000$ a month on which you can't survive.

[ceelogreen]

2 minutes ago, kakatiya said:

Subway or quizinis sub you will get profit if you run 3 or more subs in single zip code.. if you take subway franchise for single zip code profits will be less than 15%.

On top of it... If regular customers stop coming you will loose it all... Hardly saving 1000$ a month on which you can't survive.

1st line explain seyi no..

[Batman_fan]

1000 number chosi subway poindi anukoneru, it has 27,000 locations in US alone. Every year many stores shut down.  This year few more than the average. But that is because other fast food chains are grabbing its market share. Happening for all food chains. 

[TampaChinnodu]

Just now, ceelogreen said:

1st line explain seyi no..

unless you own more than one subways , it is not profitable. 

[ceelogreen]

Just now, TampaChinnodu said:

unless you own more than one subways , it is not profitable. 

more than one own seyala in single zip code?

[kakatiya]

4 hours ago, ceelogreen said:

more than one own seyala in single zip code?

Subway quizinis subs... Gujjus usually own more than two (three)... Like one in mall..and two like regular stores..then you purchase food and everything collectively and run business ..appudu youvan save some money... You cannot open subway store alone and make business out of it..they are like commodities ..where you run them as second business...