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John Chidsey

Business
Subway Opens New Global Dual-Headquarters In Shelton: 'Strategic Relocation' Subway Opens New Global Dual-Headquarters In Shelton: 'Strategic Relocation'
Subway Opens New Global Dual-Headquarters In Shelton: 'Strategic Relocation' Iconic sandwich seller Subway has opened a new global dual headquarters in Connecticut.  The new Fairfield County office space, located in the city of Shelton at 1 Corporate Dr., is located within 10 miles of the fast food company's former headquarters in Milford, the company announced on Monday, Oct. 23.  The new three-floor 90,000 square-foot space is meant to bring improvements for employees and advance the company's "multi-year transformation journey," Subway officials said. "Connecticut has been at the heart of Subway’s story for nearly 60 years," Chief Executive Office…

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by Ben Crnic
Business
Milford-Based Subway Announces Sale: Company Has 'Bright Future,' CEO Says Milford-Based Subway Announces Sale: Company Has 'Bright Future,' CEO Says
Milford-Based Subway Announces Sale: Company Has 'Bright Future,' CEO Says The iconic sandwich seller Subway, which is headquartered in Connecticut, has announced its sale to a private equity firm.  The New Haven County-based fast food company, which is headquartered in Milford, announced that it will be acquired by affiliates of Roark Capital on Thursday, Aug. 24.  In a statement, Subway officials said the sale would be a "major milestone" in the company's history. "This transaction reflects Subway's long-term growth potential, and the substantial value of our brand and our franchisees around the world," said Chief Executive Officer John Chid…

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by Ben Crnic