What Happened to Subway After Fred DeLuca's Passing?
Explore the challenges Subway faced after founder Fred DeLuca's death in 2015 and the efforts to revitalize the brand.
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Fred DeLuca, the co-founder of Subway, passed away in 2015. Since then, the company has faced several challenges including financial struggles and store closures. His sister, Suzanne Greco, took over as CEO but retired in 2018. Current leadership has been focusing on revamping the brand, improving menu options, and modernizing their stores to attract more customers.
FAQs & Answers
- Who is the founder of Subway? Fred DeLuca co-founded Subway in 1965, establishing it as one of the world's largest sandwich franchises.
- What challenges has Subway faced since 2015? Since Fred DeLuca's death, Subway has encountered financial struggles, declining sales, and several store closures.
- Who succeeded Fred DeLuca as CEO of Subway? Fred DeLuca's sister, Suzanne Greco, took over as CEO but retired in 2018.
- What initiatives is Subway taking to attract customers? Subway's current leadership is focused on modernizing stores, improving menu options, and revitalizing the brand.