Coalition of Franchisee Associations

November 26, 2024

Breaking: Subway CEO to "Retire"

Did franchisee resistance force him out?

Or, maybe, when your only ideas are more and more discounting you become useless?

6 comments:

Anonymous said...

Maybe we could get Chris K and Joe E to retire??

Anonymous said...

Under current McDonalds Senior "Leadership", the enshittification of McDonalds, once the premier franchise opportunity in the world, continues unabated.

Enshittification (def)- “The gradual deterioration of a service or product brought about by a reduction in the quality of service or product provided, as a consequence of excessive profit-seeking.”

Ray would be appalled.

Richard Adams said...

Do you mean like when, no matter what's happening in the stores, corporate management continues to prioritize short-term shareholder returns?
.

Anonymous said...

Name sounds familer

Richard Adams said...

Childsey was CEO at BK b-4 Subway. CEO of Avis, Budget etal, CFO of Pepsi.
62 yrs old.
.

Anonymous said...

Franchisee resistance didn't hurt. When the majority of the system refuses to do your too-expensive remodels, close stores and do not honor poorly conceived discount promotions, it was a tailwind.