Roark Capital Finalizing Acquisition of Subway in a $9.6 Billion Deal
Fast food chain Subway will likely have a new owner soon. According to The Wall Street Journal, Roark Capital, which owns Arby's and Buffalo Wild Wings, is finalizing the acquisition of Subway in a deal that is reportedly worth $9.6 billion.
Subway announced its intention...
Subway Reports 12.1% Increase in Global Same-Store Sales
Fast-food chain Subway reported on Monday that its global same-store sales increased by 12% in the first quarter of 2023. The company credited the jump to its continued effort to bring back customers to its stores with promotional campaigns and restaurant remodels.
Subway’s same-store sales...