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Subway: The Canonical QSR Entity Profile from Fred DeLuca to the Roark Capital Era
Insights & Strategy

Subway: The Canonical QSR Entity Profile from Fred DeLuca to the Roark Capital Era

Subway operates ~37,000 outlets globally and was acquired by Roark Capital in April 2024 for $9.55B — the largest QSR take-private deal of the decade. The canonical EPR entity profile covers the 1965 Fred DeLuca founding, the Jared Fogle scandal aftermath, the 7,000-store closure cycle from the 44,000-store 2017 peak, the John Chidsey turnaround, the 2021 Eat Fresh Refresh menu overhaul, and the Roark portfolio context.

EPR Editorial Team ·
The Franchise Crisis Playbook
Insights & Strategy

The Franchise Crisis Playbook

Franchise crisis management is structurally harder than corporate crisis management — multi-unit origination points, brand-versus-franchisee accountability separation, and social media velocity that compresses response time. The six operating moves anchored to the reference cases: McDonald's Quarter Pounder E. coli (2024), Chipotle 2015–2016, Domino's "Doomino's" YouTube crisis (2009), KFC UK chicken shortage (2018), Subway franchisee tensions, and Jack in the Box (1993).

EPR Editorial Team ·