Since its peak, it has closed 95% of its stores, leaving it with just over 150 locations."Quiznos' decline is the biggest in restaurant industry history," Restaurant Business reported in its own coverage of the Spongmonkeys' return on Tuesday.
The Spongmonkeys' reappearance is part of a larger effort to return the toasted sandwich chain to glory. The company said in a statement Tuesday that it started franchising new locations last year after a decade-long hiatus. Franchised locations were key to Quiznos previous store network. "It's harder to find a Quiznos these days, and we're here to fix that, because it's a new day, and we're bringing Quiznos back," a narrator says at the end of the new ad.Quiznos seems aware that it has lots of ground to gain back.
"The Spongmonkeys were last seen in 2005, when they were loved and hated in roughly equal measure," CEO Tim Casey said in the statement."The return of the brand's most famous mascots, the Spongmonkeys, marks the resurgence of Quiznos.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Laid-off Twitter Africa staff say they were 'ghosted' without severanceLaid-off Twitter staff in Africa say they've been 'ghosted' and haven't received their promised severance pay months later, report says
Source: BusinessInsider - 🏆 729. / 51 Read more »
First-time property investor built $5.5 million portfolio in 3 yearsI'm a first-time property investor who grew my portfolio to $5.5 million in 3 years. Here's how I did it with minimal savings.
Source: BusinessInsider - 🏆 729. / 51 Read more »
I live in a van full-time — here are the downsides no one talks aboutInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
China's economy falters as latest growth, retail sales data disappointsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Jack Dorsey says he snubbed a follow request from Zuck on ThreadsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »