Franchisees of the troubled Quiznos chain expressed confidence on Friday that a reported restructuring effort would be resolved, allowing long-overdue progress on proposed changes to the concept’s business model. The statement from the Quiznos franchisee association, or QzFA, came in response to a report in The Wall Street Journal on Thursday that the Denver-based franchisor is preparing to file for Chapter 11 bankruptcy protection after spending weeks negotiating with creditors on ...
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Contact: Desiree Torres Desiree.Torres@penton.com