Subway plans 500 more U.S. store closings amid fierce competition
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.
A franchisee has filed suit against Indianapolis-based Steak n Shake in an effort to raise its menu prices because it says all of its restaurants are losing money.
After resigning on March 30 amid personnel issues at the high-profile eatery on East 16th Street, chef Braedon Kellner has returned to the kitchen with a stake in the business, according to one of its founders.
The NFL partnership has been strained since Papa John’s founder John Schnatter slammed the league in November, saying that declining ratings had hurt sales. He also said that Commissioner Roger Goodell mishandled the national anthem controversy.
Intense demand for chicken wings from a growing roster of retailers drove up prices last year. Restaurateurs like Buffalo Wild Wings are relieved that supply has normalized again, just in time for the Super Bowl.
A franchisee has agreed to open five locations in the metropolitan area, with the first expected to begin operating in August, in the former Fox & Hound space on the city’s northeast side.
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
The owners of a 16-year-old pizza and sandwich eatery in Carmel say the massive U.S. 31 reconstruction project “gutted” their business, leaving them with no choice but to close.
Third-quarter revenue and customer traffic also declined for the Indianapolis-based restaurant chain.
If Noble Roman’s Craft Pizza & Pub takes off, the company might franchise dozens of restaurants across the state.
The internet juggernaut spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as much as 43 percent.
Apple American Group, which owns about 20 Applebee’s franchises in the Indianapolis area, said its restaurants won’t be among those being shut down by DineEquity Inc.
Dunkin' Donuts said it won't make a decision on whether it will change its name until late next year, when it expects to start redesigning stores.
A spokeswoman for the Texas-based chain says a franchisee is set to open later this year in Bankers Life Fieldhouse.
Founded in 2015, the New York-based chain featuring bowls of greens, grains and bone broths is in the midst of a major expansion calling for hundreds of locations.
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
Closely held JAB, which is backed by the billionaire Reimann family of Austria, is further adding to a caffeine empire that already includes Keurig Green Mountain, Krispy Kreme Doughnuts and Peet’s Coffee & Tea.
Jack in the Box, which operates about 2,200 restaurants in 21 states, entered the local market in 2012 with plans to open at least 10 locations.
Same-stores sales for the burger chain dropped for the first time since 2008. Profit and customer traffic also fell.