Jersey Mike’s Subs is expanding to Europe with 400 stores planned for the U.K. and Ireland. Acquired by Blackstone for $8 billion in 2024, the move is part of a larger international growth strategy. CEO Charlie Morrison believes consumers worldwide seek quality and authenticity, making Jersey Mike’s a top choice.

Morrison plans to maintain Jersey Mike’s deli-style subs’ authenticity in the European market. With 20 years of positive same-store sales growth in the U.S., the brand is poised for success overseas. Founder Peter Cancro, who led the brand for nearly 50 years, is confident in the market potential in Europe.

Jersey Mike’s believes it can thrive in a value-conscious consumer environment. With a focus on quality, freshness, and authenticity, the brand aims to stand out in a crowded marketplace. Morrison’s experience at Wingstop, a pandemic success story, informs his strategy for international expansion.

Read more at CNBC

1. The U.S. economy added 943,000 jobs in July, beating expectations by nearly 100,000.
2. Unemployment rate fell to 5.4% from 5.9% in June, lowest since March 2020.
3. Average hourly earnings increased by 4% over the past year.
4. Leisure and hospitality sector saw the biggest gains, adding 380,000 jobs.: Jersey Mike’s strikes European expansion deal led by founder Peter Cancro