
Quiznos - Failure Case Study
Description
Quiznos - Failure Case Study
Summary
Quiznos misjudged a number of key business strategy decisions and failed to compete with major competitor Subway.
Quiznos saw a dramatic rise and fall in outlet growth since its opening, becoming one of the top three sandwich chains in the USA, declaring bankruptcy, and eventually ending up with a little as 176 outlets in 2021.
Scope
Summary
Quiznos misjudged a number of key business strategy decisions and failed to compete with major competitor Subway.
Quiznos saw a dramatic rise and fall in outlet growth since its opening, becoming one of the top three sandwich chains in the USA, declaring bankruptcy, and eventually ending up with a little as 176 outlets in 2021.
Scope
- Quiznos failed to compete with Subway on price. Corporate mismanaged its franchisees leading to a negative public image, buoyed by dubious marketing.
- Quiznos’s high quality stance failed to stand out from new artisan sandwich brands.
- Many foodservice brands are vulnerable to economic decline as well as experiencing various scandals but are more likely to survive if they have a strong brand identity.
- Quiznos historically has failed to respond to changes in the market but its current rebranding hopes to find success in the post-pandemic consumer landscape.
- Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.
- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
- Access valuable strategic take-outs to help direct future decision-making and inform new product development.
Table of Contents
17 Pages
- What?
- Why?
- Take-Outs
- Appendix
Pricing
Currency Rates
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