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Subway foot traffic crumbles more than 20% as sandwich maker OKs $9.6B sale: data

Por: New York Post Business August 28, 2023

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The private equity firm that agreed to fork over nearly $10 billion to scoop up Subway faces stiff challenges to revive the troubled brand amid plummeting foot traffic, according to an industry expert. The family-owned sandwich maker — which accepted a $9.6 billion offer from Roark Capital last week — has seen overall foot traffic at its US franchises plunge 21.6% offer the past four years, according to exclusive data from Placer.ai shared... + full article



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