Subway’s Latest Challenge: Getting out From Jared’s Shadow
New York — Subway benefited hugely from Jared Fogle’s weight loss story. Now the sandwich chain needs to figure out how to prevent him from overshadowing its future. It’s not clear how customers will react to Fogle’s plans to plead guilty to allegations that he paid for sex acts with minors and received child pornography, since it doesn’t have anything to do with Subway’s food. But the association of the company’s name with crimes...
Consumer Confidential: CVS Takes High Road in Clash With Business Group
CVS Health did something the other day that we don’t see enough in the business world. It stood up for its principles. The pharmacy giant announced it was quitting the U.S. Chamber of Commerce after reports that the influential business organization was lobbying against anti-smoking laws around the world. CVS said last year that it would no longer sell tobacco products in its stores. The company declared, and I’m paraphrasing here,...
