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Log In / Register | May 22, 2018

Subway CEO Suzanne Greco to Step Down

Subway IP Inc., which oversees franchises under its Subway brand, announced Wednesday that its embattled chief executive officer, Suzanne Greco, is stepping down. The franchising firm has appointed Chief Business Development Officer Trevor Haynes as interim CEO. Greco will officially retire on June 30.

Subway Eats Competition's Lunch

A Baltimore Subway shop celebrates AnyTober $5 Footlong
A Baltimore Subway shopfront. photo/bluemaumau

LEXINGTON, Ky. — For all but two of the largest six players in the sandwich sector, the recession has not been kind. That's despite the sector growing 3 percent a year since 2007, according to market researcher Technomic Inc. In short, the biggest guy on the block got bigger.

Franchisees Trust Co-ops and Democracy More

ITHACA, N.Y. — In this final piece of a two-part series, Benjamin Lawrence, assistant professor of food and beverage management at Cornell University's School of Hotel Administration, surmises that franchisee associations must support their members' right to assemble and speak, that cooperatives are great instruments for franchise systems, and that democratically elected leaders are important in incorporating sub-groups.

Ten Most Powerful Franchise Associations

When it comes to industrial might and lobbying power, the franchise industry is lopsided. A few big groups have the lion's share.