Subway's US$10 billion price tag is tough to swallow

Subway's US$10 billion price tag is tough to swallow
(Image: Getty)
Bloomberg
By Leticia Miranda At a time when the value of an increasing number of United States companies are exceeding the once unthinkable US$1 trillion (NZ$1.6t) mark, it feels odd to ask whether businesses can be too big to be profitable. And yet that’s the very question sandwich chain Subway Restaurants is asking itself right now – and it may not like the answer.Although its distinctive green and yellow signs have become a fixture of American fast casual dining, the closely-held Milford, Connecticut -based franchise has yet to f...

More Retail

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Gregor Thompson 01 Jul 2025
Foodstuffs serves up reuse trial with Bonson
Retail

Foodstuffs serves up reuse trial with Bonson

Most shoppers skip reusable bags so will they return deli trays?

Cécile Meier 01 Jul 2025
Cooks Coffee flags ‘material uncertainty’
Retail

Cooks Coffee flags ‘material uncertainty’

Executive chair Keith Jackson says the firm is not concerned. 

Gregor Thompson 30 Jun 2025
Leaner picture for 3M without masks
Retail

Leaner picture for 3M without masks

Annual results show a 61% drop in revenue in two years.

Denise McNabb 30 Jun 2025