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Encyclopedia > Fred De Luca

Fred DeLuca (born 1948 in New York City [1]) is the co-founder of Subway sandwich restaurant. DeLuca is an alumnus of Central High School in Bridgeport, CT and the University of Bridgeport. Year 1948 (MCMXLVIII) was a leap year starting on Thursday (link will display the 1948 calendar) of the Gregorian calendar. ... New York, New York and NYC redirect here. ... SUBWAY® is the name of a franchise that mainly sells sandwiches and salads. ... Central High School is a high school in Bridgeport, Fairfield County, Connecticut. ... University of Bridgeport is a private university in Bridgeport, Connecticut, USA. Its campus is in the southern part of the city, on Long Island Sound. ...


Seventeen year old Fred DeLuca borrowed $1,000 from family friend Dr. Peter Buck to start his first sandwich shop. He was trying to raise money to pay for college. He chose a mediocre location for his shop, but by noon on the first day of the opening, customers were pouring in. On the radio advertisement they had promoted the name as "Pete's Submarines", which sounded like Pizza Marine, so they changed the name to "Pete's Subway", eventually it was shortened to "Subway", as we know it today. As of 2006, the company counts with over 25,000 franchised locations in 84 countries and produces US$ 9.05 billion sales every year. In 2007, Forbes magazine named DeLuca number 242 of the 400 richest Americans with a networth of 1.5 billion dollars. [2]


References

  1. ^ 20th Century Great American Business Leaders database
  2. ^ Forbes Richest Americans

 
 

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