Click here to close now.




















Welcome!

News Feed Item

Quiznos Finds Financial Foothold in Emerging Asian Markets

Indonesian Multi-Unit Development Deal Among Quiznos Most Recent Success in Asia

DENVER, Nov. 6, 2013 /PRNewswire/ -- Following its most recent International successes in Mexico, Russia, and the United Arab Emirates, Quiznos will bring toasted sandwiches to Indonesia with the signature of PT Quiznosindo as the brand's newest franchisor. The group, led by Mr. Tan Po Lian, plans to open 100 units in Indonesia over the next 10 years.

The partnership in Indonesia is the latest in a series of Quiznos development successes in Asia, including expansion into South Korea, Singapore and the Philippines. Quiznos continued expansion into Asia is prompted by the region's recent spike in income growth and rise in consumer demand for affordable dining-out options. In fact, Euromonitor projects, in constant terms, that Indonesia's commercial foodservice market alone will grow by $6.7 billion to $45.6 billion.[1]

South Korea
Quiznos recently celebrated its 7th anniversary in South Korea and has seen locations across the country continue to outpace a majority of the system in monthly sales. Quiznos Master Franchisee, USUMB Co., LTD, recently exceeded double digit sales growth in monthly sales at the mall based location, ranking this location among the top 5 of all International locations and top 25 globally in terms of overall monthly sales.

Quiznos South Korea has seen a system wide 12% sales lift, largely due to a country wide marketing campaign, featuring actor Lee Sang Yoon, launched in March 2013. Quiznos South Korea currently owns and operates 31 locations.

Singapore
In October, a new limited-service, coffee concept called the Q Cafe made its debut in Singapore's Changi Airport. The Q Cafe platform was announced last May at the Quiznos Global Summit in Costa Rica. The introduction of the concept into Singapore signals the brand's interest for initiating similar, tailored market approaches for other International development projects. Quiznos also has plans to debut two locations in mixed-use shopping centers before the end of the year.

"The decision to launch the Q Cafe platform in Singapore required a deep understanding of the demands of the Singaporean consumer," said Kenneth Cutshaw, President of International for Quiznos. "Following the expansion of several International coffee brands, the cafe culture in the region has exploded. We saw an opportunity to speak to the needs of consumers by delivering high-quality brewed coffee, while at the same time ensuring brand consistency and allowing for market flexibility."

Philippines
Quiznos has also established a long-term development opportunity in Southeast Asia. In 2011, the brand inked a franchise deal with Philippines-based franchisor ACA Group, a franchise organization and business investment network with more than 20 years of experience. The group committed to opening 35 stores in country by 2021 and in 2013 has already opened ten stores with plans to open three more by the end of the year. The ACA Group also holds master franchising rights for US-based Johnny Rockets, and was recently recognized as the brand's international franchisee of the year.

Expansion into Singapore, South Korea, the Philippines and Indonesia are part of Quiznos' continued international development plan to open more than 1,000 international stores in more than 40 countries by 2020.

ABOUT QUIZNOS
Denver-based Quiznos is a chain designed for today's busy consumers who are looking for a tasty, freshly prepared alternative to traditional fast-food restaurants. With locations in 50 states and 34 countries, Quiznos is one of the world's premier quick-service restaurant chains and pioneer of the toasted sandwich. Quiznos restaurants offer creative, chef-inspired sandwiches, salads, and soups using premium ingredients. Quiznos was founded in 1981 by chefs who discovered that toasting brought out the best in every sandwich ingredient. For more information, please visit www.quiznos.com.

[1] Allen, Robin Lee. "Hot International Growth Markets for Restaurants." Nation's Restaurant News Home Page. Nation's Restaurant News, 25 Oct. 2013. Web. 04 Nov. 2013.

Media Contact
Ada Johnson
816-423-6239
[email protected]

SOURCE Quiznos

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
Everyone talks about continuous integration and continuous delivery but those are just two ends of the pipeline. In the middle of DevOps is continuous testing (CT), and many organizations are struggling to implement continuous testing effectively. After all, without continuous testing there is no delivery. And Lab-As-A-Service (LaaS) enhances the CT with dynamic on-demand self-serve test topologies. CT together with LAAS make a powerful combination that perfectly serves complex software developm...
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes ab...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...