The Franchise Owner's most trusted news source


Log In / Register | Dec 21, 2014

Quiznos CEO Touts Lofty Goals for Future

DSC00144DENVER – Newly appointed CEO Stuart K. Mathis has now presented seven strategic imperatives that he says Quiznos must meet to “make our mission, purpose and vision a reality.” 

Quiznos Disclosure Shines Light on Settlements, Litigation

IMAG0020
photo/sparks

DENVER – Shedding new light on ongoing  litigation, settlements and the current status of the franchise system, Quiznos amended its franchise disclosure document on October 12, 2012.  While the company at one time boasted over 5,000 units, today it struggles to maintain 1,600 traditional restaurants.

Quiznos Flaunts New Management, but Store Owners Fight to Survive

Quiznos flagship store in downtown Denver; photo/js

DENVER – While Quiznos relishes its newly appointed management team, franchisees question if owner Avenue Capital Group really understands what direction their hedge fund is headed. Store closures are continuing at an alarming raate, and executive decisions so far have failed to stop the financial bleeding of store owners.

HMS Quiznos

The Quiznos crew barks orders as the ship goes down
Read more of The Franchise cartoons

MacDonald Blindsided by Quiznos Announcing New CEO

Our feisty fowl flew into forbidden territory yesterday, listening in on a Quiznos conference call with franchisees.

MacDonald of Quiznos Replaced by The UPS Store President

Flag at a Tennessee Quiznos store. photo/bmm

DENVER —Quiznos, a quick service restaurant chain that serves toasted sub sandwiches, announced that Greg MacDonald has been replaced by Stuart K. Mathis as the company’s new president and chief executive officer, effective July 30, 2012. Mr. MacDonald is stepping down immediately. Additionally, Quiznos has named Susan Lintonsmith as its new chief marketing officer.