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Subway IP LLC, [8] trading as Subway, is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs) and wraps.It was founded by Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines [9] in Bridgeport, Connecticut.
During DeLuca's tenure, Subway grew to be the largest franchise in the world. [13] DeLuca aggressively pursued store growth, requiring franchisees open stores nearby their existing ones, in some cases across the street from their existing locations, or else Subway would recruit a competitor that would put them out of business. [21]
Peter Buck (December 19, 1930 – November 18, 2021) was an American physicist, restaurateur, and philanthropist who co-founded the Subway fast-food restaurant chain alongside Fred DeLuca. Early life and education
Subway has a new owner: food behemoth Roark Capital. The deal closed on Thursday before market open. WSJ previously reported that the bid valued the sandwich chain for about $9.6 billion. Roark ...
Dortch Enterprises (DE) is a company in the restaurant business as a Subway and Taco Bell multiunit franchise operator and formerly owned the Halo Burger chain. Dortch was only one of 38 out of the 17,000 Subway franchisees worldwide that owns 40 or more locations. [1] The company as of August 12, 2019 has 21 Subway and 24 Taco Bell locations. [5]
A federal court ordered the owners of 14 Subway locations north of San Francisco to pay employees nearly $1 million in damages and back pay — and also to sell or shut their businesses, with any ...
A Maquoketa native, Cox worked at the Subway for 20 years before purchasing it five years ago. Even before the snafu with DOL, she has seen some rocky times as a franchise owner.
Rex David Thomas was born July 2, 1932, in Atlantic City, New Jersey. [2] [5] His biological father's name was Sam and his biological mother's name was Molly. [6]Thomas was adopted between six weeks and six months later by Rex and Auleva Thomas, [6] [7] and as an adult became a well-known advocate for adoption, founding the Dave Thomas Foundation for Adoption.
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