Subway
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Sandwich chain has closed over 4,500 restaurants, no new bankruptcy
Yahoo Finance· 2025-11-15 18:47
Subs, also called grinders, hoagies, heroes, wedges, and a variety of other regional names, are sort of the second official American sandwich, behind the hamburger. They're versatile, as a sub can be a cold sandwich laden with cold cuts, vegetables, mayo, and various spreads, or a hot sandwich, such as a meatball hoagie, chicken parmigiana grinder, or my favorite, a steak and cheese sub. Many would argue that the Philadelphia cheesesteak is the standard setter. "There are a lot of sandwich shops out the ...
'Sandwich guy' acquitted by jury; another faceplant for Trump's DOJ
MSNBC· 2025-11-07 06:40
It was like the shot heard round the world. Kind of, except it wasn't a shot. It was literally a foot-long Subway sandwich.Now, it all happened the night of August 10th at the very beginning of Trump's surge of federal law enforcement into DC when this man, DC resident Shawn Dunn, approached a group of Customs and Border Patrol agents. Dunn called the officers fascists and racist racists and chanted the word shame at them. And then he threw what federal prosecutors later described as a quote wrapped substyl ...
Roark Capital explores sale of Nothing Bundt Cakes
Yahoo Finance· 2025-10-30 11:13
Core Insights - Roark Capital is considering the sale of bakery chain Nothing Bundt Cakes, with a potential valuation exceeding $2 billion [1] - The sale process is expected to begin in early 2026, with North Point and Bank of America engaged as advisers [1] - Nothing Bundt Cakes has expanded from 390 locations at the time of Roark's acquisition in 2021 to 700 outlets across over 40 US states and Canada [2] Financial Performance - The business is projected to generate $120 million in EBITDA by 2026 [3] - Roark Capital manages assets totaling $41 billion and has been active in the franchised restaurant sector, including notable acquisitions like Dave's Hot Chicken for $1 billion in 2025 and Subway in 2024 [3] Company Background - Nothing Bundt Cakes was established in 1997 and specializes in hand-crafted bundt cakes available in various flavors and sizes [2] - Roark Capital acquired Nothing Bundt Cakes in 2021 from Levine Leichtman Capital Partners [2] Market Activity - Roark Capital is also exploring a potential IPO for Inspire Brands, which owns several fast-food chains including Dunkin', Arby's, and Jimmy John's [4]
X @Ansem
Ansem 🧸💸· 2025-10-15 03:37
RT OkinawaMoongazer (@joeybeastmarket)once per month i allow myself to enter into an alternate personality i refer to as “the monkey” in which i give in to all of my ape brain desires without personal judgment or fear of consequence. often this ends with me going to mcdonalds and eating a 20 piece nugget and 2 big macs in my car in the parking lot but on particularly autistic occasions i tend to freestyle.tonight was one of my “monkey nights” and my biological requirement for subway was irresistible. i drov ...
Potbelly acquired by convenience store chain RaceTrac for $566 million
Fastcompany· 2025-09-10 20:39
Core Viewpoint - Potbelly is being acquired by RaceTrac for $566 million, aiming to expand its locations from 445 to 2,000 [2][8]. Group 1: Acquisition Details - The acquisition price is set at $17.12 per share in an all-cash deal [8]. - The deal is expected to close in the fourth quarter of the year [8]. Group 2: Company Background - Potbelly was founded in Chicago in 1977 and currently operates 445 restaurants across the U.S. [2]. - RaceTrac, founded in 1934, is a family-owned company with over 800 locations in 14 states [8]. Group 3: Market Context - The restaurant industry has faced challenges due to the pandemic and rising inflation, impacting customer spending [4][5]. - Despite these challenges, Potbelly has seen rising profits and strong growth in its franchised businesses [4].
Grand jury laughs off felony for ‘Sandwich Guy’ after 'unhinged' Trump admin response
MSNBC· 2025-08-28 01:45
Legal & Political Analysis - The report discusses the case of Shawn Dunn, who threw a Subway sandwich at a federal agent during a protest [1][2] - The White House's response to the sandwich-throwing incident was considered disproportionate [2] - Dunn was initially charged with a felony, assault on a police officer, but a grand jury refused to indict him [3][6] - The US Attorney's Office for DC failed to get a felony indictment in this case, and in another case involving obstruction of ICE [7][8] - The report suggests these cases are examples of resistance to Donald Trump's alleged weaponization of the Department of Justice [8] Justice System Observations - It is noted that it is extraordinarily rare for a grand jury to refuse to approve an indictment [6] - The report highlights instances where grand juries and prosecutors are refusing to go along with certain actions [8] Media & Propaganda - The arrest of Dunn was described as being the subject of a deranged propaganda video [4] - The video depicted heavily armed agents storming a building to detain Dunn [5]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-27 16:34
Sean Charles Dunn was accused by federal prosecutors of hurling a wrapped sandwich at a Customs and Border Protection agent outside a Subway franchise on the city’s busy nightlife U Street corridor on Aug. 10 https://t.co/F2SIEZQn6S ...
Sushi Hub年销售额突破2亿澳元,创始人瞄准10亿估值,全球扩张!
Sou Hu Cai Jing· 2025-08-10 03:48
Core Insights - Sushi Hub's founder has repeatedly rejected private equity acquisition offers while preparing to open its 200th store and expand globally [1][3] - The CEO, Raymond Chen, aims for a valuation of AUD 1 billion before considering selling shares, inspired by the success of Guzman Y Gomez [3][5] - Sushi Hub has rapidly grown to nearly 70 stores during the pandemic, with plans to reach 200 by the end of the year [3][12] Company Overview - Sushi Hub has become Australia's largest Japanese fast-food chain, with a unique offering of Australian-style sushi [1][8] - The company has a strong growth trajectory, achieving over AUD 200 million in sushi sales last year, up from AUD 150 million the previous year [12] - Approximately 55% of Sushi Hub's stores are franchises, with a focus on internal staff becoming franchisees to maintain quality [7][10] Market Dynamics - The fast-food industry is projected to grow by 2.9% to nearly AUD 30 billion, driven by brands offering healthier food options like sushi [5][6] - Established fast-food brands are struggling to grow sales, leading to increased menu prices, while emerging QSR brands like Sushi Hub are gaining popularity [6][16] - Sushi Hub's sales growth is occurring amidst changing consumer spending habits influenced by high inflation and mortgage repayment pressures [5][6] Competitive Landscape - The sushi segment is becoming increasingly prominent, with 26% of survey respondents listing sushi among their top five fast-food categories [6] - Sushi Hub and Sushi Sushi are the two main players in a fragmented market, with both brands only accounting for 4% of the national fast-food market [15][16] - The company is exploring international expansion into markets like New Zealand and the United States [14][15]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-21 15:09
Exclusive: Subway has named a former Burger King executive as its next CEO, with a mandate to improve U.S. sales and help expand globally https://t.co/1meqBokRHh ...