After 13 years on our fair beaches, the Quiznos sub-store will leave us forever, Viðskiptablaðið reports. Decreased pandemic revenues are a declared cause, but Ólís – the oil company that has the Quiznos operating license in Iceland – intends to open its own supply chain in its place.
“We have experienced a sharp decline in income during the pandemic, just like other industries,” said Jón Ólafur Halldórsson, Ólís’ director, to journalists. “Since the pandemic here, we have been constantly trying to save and as such we have reduced operating costs as well as declining revenues in recent months. Closing a quiz is a necessary part of those actions, unfortunately. “
Choose the locations of Quiznos, which were found at Ólís petrol stations around the country since 2007, will continue to operate while their stocks last, but will be phased out. Instead, Ólís will start her own takeaway project.
“We are not putting oars back in the boat at all,” said Jón Ólafur. “We continue with our own chain, ReDi Deli, which is our own brand and has been successful. It is simpler to run your own brand and more cost effective as a franchise like Quiznos can run a significant cost. We use the opportunity to turn things around. “
As such, if you, for whatever reason, love Quiznos and have not had one for a while, then it would be time to correct it.