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The Toasted Subs Franchisee Association (TSFA), a group of franchisees, posted Baber's suicide note on its website, and intended to raise money for Baber's family. Quiznos attempted to terminate the TSFA's franchises. [82] The TSFA in turn filed an injunction on December 15, 2006, in the District Court of Colorado. [83]
The sandwich chain Quiznos is running out of dough. Quiznos reportedly is preparing to file for bankruptcy protection, partly because of declining sales. The Wall Street Journal says the sandwich ...
Sub shop Quiznos announced Friday that it was filing for bankruptcy. Choked by more than half a billion dollars of debt, the chain is restructuring, cutting almost $400 million of owed money, and ...
But since then, Quiznos has been on a downward spiral, closing a whopping 4,700 U.S. locations over a decade. By 2017, the sandwich chain was down to a mere 400 locations — a 90% loss.
Cousins Subs continues to develop new locations throughout the Midwest with franchise partners focused on multi-unit development. [19] In August 2018, Cousins announced their expansion into the Chicago market with 40 new locations opening by 2025. [20] As of July 2021, there were six locations in the Chicago area. [21]
Franchise Group, Inc. is an American privately-held holding company that acquires and manages mainly franchise companies. It owns brands in various retail industries including American Freight , Buddy's Home Furnishings, The Vitamin Shoppe , and Pet Supplies Plus .
Chains from Roy Rogers to Quiznos are shrinking, reports Nation's Restaurant News. As fast-casuals with fresh ideas and business models blossom, not all of the old guard can keep up.
My recollection is that Quisno, the original owner, sold the shop sometime in the 70's or early 80's. There was a Quisno's in the food court of the Lane Avenue Mall just west of campus in the early 80's selling the original menu. I never knew if this was a relocation of the original shop, or an early franchise.