Skip to main content

Subway hits 850 stores milestone India

The 850th Subway store, located at Elan Miracle Mall in Sector 84, Gurugram, was inaugurated by John Chidsey, Global CEO of Subway

Bengaluru: American fast food restaurant chain Subway has reached the milestone of 850 stores in India, the company said in a press release on Thursday.

The latest store, located at Elan Miracle Mall in Sector 84, Gurugram, was inaugurated by John Chidsey, Global CEO of Subway. This marks Chidsey’s first visit to India as CEO of Subway Global, following the company’s partnership with Culinary Brands.

“Today’s restaurant opening marks a major moment for the brand’s growth in India, where we continue to see huge demand,” said Chidsey. “In addition to opening an impressive number of restaurants over the past three years, Everstone has also proven to be a regional leader in implementing the brand’s latest culinary, development and digital initiatives, improving the overall restaurant experience and paving the way for more guests to enjoy Subway across the market.”

India has emerged as one of the fastest-growing international markets for Subway, with plans to become the largest quick service restaurant (QSR) chain in the country over the next decade, the release said.

Culinary Brands, a food and beverage (F&B) platform and part of the Everstone Group is the exclusive master franchisee for Subway in India, Bangladesh, Sri Lanka, and other countries. Additionally, the company owns exclusive rights to the Lavazza brand in India and also owns the Fresh & Honest coffee brand.

“We are thrilled to reach this milestone of 850 Subway stores in India, and we are grateful to our customers for their loyalty and trust,” said Tarun Bhasin, CEO, Culinary Brands. As we continue to expand our presence across the country, we are committed to delivering fresh, tasty and customisable sandwiches, wraps and salads that cater to the ever-changing tastes and preferences of Indian consumers.” 

Subway is one of the world’s largest quick-service restaurant brands, serving made-to-order sandwiches, wraps, salads, and bowls to millions of guests across over 100 countries and territories in nearly 37,000 restaurants every day.

Subway’s international growth, coupled with its focus on attracting multi-unit operators, has accelerated new restaurant openings. The brand is on track to more than double its new restaurant openings in 2024, added the release.

The post Subway hits 850 stores milestone India appeared first on India Retailing.



from India Retailing https://ift.tt/zbjKf5A
via IFTTT

Comments

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp...

Sagar Daryani, CEO and Co-founder – Wow! Momo & Saga: From a Kiosk to a Kingdom

Sagar Daryani’s entrepreneurial odyssey from humble beginnings to pioneering success has redefined the landscape of food startups in India. Co-founding Wow! Momo, he has spearheaded the growth of the largest indigenous QSR chain in the country, crafting a remarkable saga of triumph The Genesis: A Visionary Venture Takes Root In 2008, armed with a mere Rs. 30,000 and boundless ambition, Sagar Daryani and Binod Homagai embarked on their entrepreneurial journey while still pursuing their graduation in B.Com Hons from St. Xavier’s College, Kolkata, even before their college results were out. They knew the value for money and boot-strapped to plough back profits and grow their venture. Sagar spearheaded brand expansion, brand creation, and marketing and retail operations. Grew across the city with a strong consumer focus. The early days were hard but keeping track of the money flow was even harder. Believing in the concept of ‘1 rupee saved is 5 rupees earned’, and the lessons they lear...

Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26

Ankit Chona, Founder and Managing Director of HOCCO, delves into the company’s revenue model, growth strategies, and vision for the future… Bengaluru: HOCCO (House of Chonas Collaborative) , the Ahmedabad-based ice cream and quick-service restaurant (QSR) chain, boasts a rich legacy spanning over 70 years, with roots tracing back to pre-independence India. The Chona family has been deeply entrenched in the food industry since 1944, originally operating in undivided Pakistan. Following the Partition, Satish Chona , an engineer with British Overseas Airways Corporation, relocated from Karachi to India. After journeying through multiple cities, he ultimately settled in Ahmedabad, where he established his first QSR outlet in 1953. Three decades later, he expanded into the casual dining segment, launching a restaurant in Baroda while continuing the family’s ice cream manufacturing business. However, in 2017, the company sold its ice cream division to a South Korean firm, shifting its fo...