Subway, multiple locations
The largest restaurant chain in the world has unveiled a tech-savvy makeover that seeks to reinvent its customer experience for a digital age.
Subway’s “fresh forward” redesign, by FRCH Design Worldwide, combines a new bright color palette, inspired by the hues of fresh vegetables, sleeker furniture and updated decor with such tech enhancements as self-ordering kiosks, digital menu boards and charging ports. The revised color palette, new graphics, improved display cases and better lighting highlight Subway’s commitment to fresh ingredients while giving it a more modern look overall.
Subway debuted its “fresh forward” design in nine pilot locations in the United States, two in Canada and one in the United Kingdom. The company expects to have 3,000 to 5,000 new and remodeled locations in the new design format open by the end of 2018, about 85% of them in North America, reported Nation’s Restaurant News.
Fast-food giant automates development strategy
Subway is more accurately planning new locations.
The fast-causal restaurant chain is partnering with location intelligence provider SiteZues, to augment its development strategy. The company’s data-driven solution will combine advanced geospatial technology and visualization with Subway’s market data. The result will be more thorough and accurate insights — the foundation Subway needs to plan and expand its market growth.
“Our focus is on a strategic development strategy to make sure Subway franchisees have the greatest opportunities to successfully grow their businesses,” said Subway’s chief development officer Don Fertman.
“Our development agents review an incredible amount of information to determine where to locate new or relocate existing restaurants in each market,” he added. “With the addition of the SiteZeus platform, we will be able to better evaluate how individual locations will perform and affect the trade area while providing analytical tools for overall market realignment.”
Subway operates at more than 44,500 franchised locations in 113 countries.
Teen apparel retailer names new finance chief
The search is over.
The Buckle named Thomas B. Heacock as VP of finance, treasurer and CFO, effective July 20. As CFO, he replaces Karen B. Rhoads, who in May announced her intention to retire. Rhoads will assist in the transfer of her duties and responsibilities to Heacock, and will continue to serve as a member of the company’s board.
Heacock has been employed by the company since October 2003, serving as VP of finance, treasurer and corporate controller. Previously, he was employed by Ernst & Young. His promotion to CFO comes after The Buckle retained an executive search firm to assist it in identifying and evaluating both internal and external candidates.
"After reviewing many resumes and interviewing multiple candidates, the Audit Committee members were unanimous and enthusiastic in their support for Thomas B. Heacock’s promotion to the position of chief financial officer," stated Daniel J. Hirschfeld, chairman, The Buckle.
Headquartered in Kearney, Nebraska, Buckle currently operates 462 retail stores in 44 states.