Subway Co-Founder Fred DeLuca Dies
Subway co-founder Fred DeLuca, who as a teenager opened a Connecticut sandwich shop that would become the world’s largest restaurant chain, died Monday evening at the age of 67 after a fight with leukemia, the company said Tuesday. After his cancer diagnosis in 2013, the chain’s billionaire co-founder had stayed on as chief executive, saying last year he had no plans to retire and would remain “90 percent involved” in the chain’s...
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...
