1. Department: Food

Subway’s sales process moves to a second round

Written by Posted on Less than 0 min read

More than ten potential suitors for Subway are conducting due diligence on the sandwich giant’s business. Subway is looking for a valuation of $10 billion as it negotiates a sale of its business.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Trends & External Forces

Baltimore Bridge Collapse Could Cost Carnival Cruise Line $10M

Carnival Cruise Line revealed that its 2024 earnings could take up to a $10 million hit due to the Baltimore bridge collapse. View Original Article Results & Investment Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Trends & External Forces

CVS deal for Oak Street Health is all about Medicare recipients

CVS’s planned acquisition of Oak Street Health will give it a direct line to Medicare Part C recipients, which account for about half of all Americans receiving healthcare benefits as part of the federal program. Oak Street caters to Part C members at its 160 clinics across 21 states. View Original Article CVS Health & […]
< 1 min read
0
  1. Technology & Innovation

Microsoft Becomes the Second Company To Surpass the $3 Trillion Mark

Microsoft recently joined an elite league of tech companies by becoming the second company to achieve a $3 trillion market cap. View Original Article Technology & Innovation RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. Shopper & Customer

Month-over-month retail sales show consumers cutting back

Retail sales in March were down one percent from February as consumers spent less on gas (-5.5 percent), building supplies (-2.1 percent), electronics (-2.1 percent) and apparel (-1.7 percent). February’s sales were also down, although not as much as previously reported, at -0.2 percent. View Original Article Dept. Nonfood Dept. Fuel Consumers Dept. Apparel RetailWire […]
< 1 min read
0
  1. Media & Marketing

Elon Musk and Tesla To Unveil Robotaxi in August

Will this long-talked-about vehicle come to fruition this year? View Original Article Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business […]
< 1 min read
0
  1. Department: Consumer Durables

Fantasy card game tops $1B in sales for Hasbro

Hasbro said that its Magic: The Gathering, a fantasy card game first introduced in the 1990s, is the first billion-dollar brand in its portfolio of products that also include G.I. Joe and Transformers. View Original Article Dept. Toys & Games RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online […]
< 1 min read
0
  1. Trends & External Forces

Retailers hedge their bets with layoffs

Some recent layoffs at chains including Best Buy and Walmart indicate that these businesses are no longer riding the wave that buoyed them through much of the pandemic. Shannon Seery, an economist with Wells Fargo, said there are “retailers that benefited from the work-from-home economy and the stay-at-home economy. I think we’ve seen a transition […]
< 1 min read
0
  1. Channel: Grocery

Arizona AG to investigate Kroger/Albertsons merger

The Arizona Attorney General will investigate the proposed merger between Kroger and Albertsons over concerns that it could result in higher grocery prices for consumers. Kroger operates Fry’s Food & Drug Stores and Smith’s Food & Drug Stores in the state. Albertsons’ stores include its namesake chain and Safeway. View Original Article Albertsons / Safeway […]
< 1 min read
0
  1. Associates & Employees

American Airlines Pilot Union Voices Concerns Over Safety and Maintenance Issues

A memo explaining several safety issues has been released by the APA safety committee. View Original Article Associates RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Fanatics acquires Italian football club merchandiser

Fanatics has acquired Epi, a company that sells merchandise for the Italian Football Federation, AC Milan, Inter Milan and Juventus. Epi is being rebranded as Fanatics Italy. View Original Article Acquisition RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Department & Category

National Fish Taco Day at Rubio’s Coastal Grill Has $1 Tacos

Noteworthy fast-food chain, Rubio’s Coastal Grill, is marking its 41st anniversary on Jan. 25, coinciding with National Fish Taco Day. View Original Article Dept. Grocery RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling […]
< 1 min read
0
  1. Department: Nonfood

Toyota CEO Predicts Limited EV Market Share Growth by 2030

In a recent interview with Automotive News, Toyota CEO Ted Ogawa revealed his projection that electric vehicles (EVs) would only constitute 30% of the US new-vehicle market by 2030, a figure significantly lower than the EPA’s previous target. View Original Article Target Executives Dept. Nonfood Predictions and Forecasts RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Trends & External Forces

Retail sales jump more than expected in January, despite continuing inflation concerns

Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3 percent, compared to expectations for a rise of 1.9 percent, the Commerce Department reported Wednesday. Excluding autos, sales increased 2.3 percent, according to the report, which is not adjusted for […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon’s Bezos says he will donate most of his fortune to charity

Amazon.com founder Jeff Bezos said he intends to give away most of his $124 billion fortune before he dies. Mr. Bezos gave a $100 million Courage and Civility Award to Dolly Parton, who will direct the money to charities that she deems fit. View Original Article Amazon Philanthropy RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Stores & Formats

Subaru Recalls 118K Vehicles Due to Air Bag Sensor Issue

Subaru is recalling 118,000 SUVs and sedans in the United States due to a faulty sensor that might hinder air bag deployment during a crash, as per the National Highway Traffic Safety Administration (NHTSA) announcement on Wednesday. View Original Article Store Location RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Trends & External Forces

Lawsuit Alleges 23andMe’s Data Breach Targeted Jewish and Chinese Users

In 2023, a data breach took place between May and September at 23andMe, the DNA testing company. It was recently found that specific users of Chinese or Ashkenazi Jewish descent were seemingly targeted in the breach. View Original Article Data & Insights Legal & Criminal RetailWire Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Media & Marketing

Nexstar Challenges FCC Ruling on WPIX-TV Sale

Nexstar, a media conglomerate, is gearing up to dispute a recent ruling by the Federal Communications Commission (FCC) regarding the forced sale of New York TV channel WPIX-TV. View Original Article Marketing: Broadcast RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a […]
< 1 min read
0
  1. Media & Marketing

Jeff Bezos Overtakes Elon Musk as World’s Richest Person

The former owner of Amazon holds the No. 1 spot on the Billionaires Index for the first time since 2021. View Original Article Amazon Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. Corporate Finance

The David’s Bridal bankruptcy is tied to changes in wedding attire

David’s Bridal filed for Chapter 11 bankruptcy protection and the chain pointed to a shift in how brides dress for their weddings as a cause. “The demand for formal wedding dresses, bridesmaid dresses, and related accessories has decreased substantially in the current environment,” the company said in its bankruptcy filing. View Original Article Bankruptcy Dept. […]
< 1 min read
0
  1. Stores & Formats

Bed, Bath & Beyond considers sale of Buy Buy Baby, other assets

As part of contingencies for a potential bankruptcy, Bed Bath & Beyond is reportedly speaking to private equity firm Sycamore Partners about selling off some of its more valuable assets, including the Buy Buy Baby chain of stores. While the home goods retailer’s third-quarter sales fell 34 percent, Buy Buy Baby’s decline has not been […]
< 1 min read
0
Next