All Posts Tagged Tag: ‘Quiznos’

Quiznos Bankruptcy Filed Days After Sbarro

Quiznos announced Friday the restaurant chain filed for Chapter 11 bankruptcy protection, five days after Sbarro pizza chain did the same. The company, known for its toasted sandwiches, ¬†said it agreed to a restructuring plan that will reduce its debt by more than $400 million. It listed liabilities of between $500 million and $1 billion in its bankruptcy petition. The …

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Quiznos Goes Bankrupt. Is This Really Surprising?

Fast food chain Quiznos announced on Friday that it had filed for Chapter 11 bankruptcy in Delaware. The news comes within a week of pizza chain Sbarro’s filing bankruptcy papers in Manhattan, N.Y. With fast food chains filing for bankruptcy in quick succession, it makes you wonder, “Who’s next?” As for Quiznos, their woes are blamed on two separate but …

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Potbelly Sandwiches: Shares Soar After NASDAQ IPO, As Hungry Investors Scramble

Today was one of the most delicious and mouth watering days for NASDAQ, the world’s second largest stock exchange. The NASDAQ OMX Group announced the commencement of stock trading of Potbelly Corporation (ticker symbol:PBPB), a rapidly expanding fast food and sandwich company. Potbelly Corporation’s journey began in 1977 on Chicago’s North Side when a young couple who owned an antique …

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