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.
In addition to its many healthier offerings, Subway has now added calcium and vitamin D fortified bread to its menu, announces Mark Christiano, Subway brand's global baking specialist.
Now, each 6-inch serving of bread in the 24,000-plus U.S. restaurants provides 30 percent of the daily recommended value of calcium and 20 percent of the daily recommended value of vitamin D.