The SUBWAY restaurant chain is proud to announce that it has named 12 outstanding franchisees as recipients of its 2011 Franchisee of the Year awards and three highly respected members of its development community as recipients of its Development Agent of the Year awards during the company's recent convention in San Francisco.
SUBWAY Restaurants presented the West Alabama Food Bank with a $10,000 donation to feed disaster victims in and around Tuscaloosa, Alabama. The announcement comes after violent storms tore through the region this spring, killing dozens of people and leaving hundreds displaced and hungry amongst massive damage.
As the restaurant industry seeks growth during a sluggish economic recovery, a new report by Technomic and Restaurant Finance Monitor finds franchising of restaurant brands continues to be a major avenue pursued by chains. As a result of the recession franchisors began commonly offering incentives such as credit support and fee reductions to lure investors, and those practices have continued as traditional sources of credit are still not easy to come by for many potential franchisees.
Subway announced a multi-year, global relationship with UK-based IT solutions developer, PXtech.
The partnership will see exciting new management tools delivered to the nearly 35,000 Subway stores worldwide being powered by the latest innovative technologies, including PXtech's PXportal business intelligence system.
The implementation of the PXportal system technology will provide Subway franchisees with online access to real-time data from their point of sale systems across multiple stores.
The top quick-serve and fast-casual brands in the nation.