The Charlotte Transportation Center ( CTC ), also known as Arena or CTC/Arena , is an intermodal transit station in Center City Charlotte , North Carolina , United States . It serves as the central hub for the Charlotte Area Transit System (CATS) buses and connects with the LYNX Blue Line and CityLYNX Gold Line . It is located on East Trade Street, Fourth Street and Brevard Street. Notable places nearby include the Bank of America Corporate Center , Belk Theater , EpiCentre, Overstreet Mall and the Spectrum Center .
70-548: The CTC celebrated its grand opening on December 11, 1995, through a partnership with then- NationsBank . Its completion moved the central transfer point for all CATS buses from The Square , two blocks to the west to Trade Street. Reasons for the facility was an effort to improve traffic congestion along Tryon Street and provide transit riders a more efficient centralized transfer point. The LYNX Blue Line station officially opened on November 24, 2007. The unique platform cover, made of synthetic materials and supported by curved steel,
140-661: A liver transplant . He was awarded $ 10 million in an out-of-court settlement in 2001. A previous outbreak of hepatitis A in 1996 had also involved a Subway outlet in Seattle, although no legal action had resulted. In April 2015, the Arkansas Department of Health issued a warning to the public that customers who had eaten at the Subway outlet in Morrilton, Arkansas , may have been exposed to infection after an employee tested positive for
210-404: A "three-foot" sub must be at least 2 feet 10.92 inches (88.70 cm) long. The report also showed the boxes designed to store these sandwiches were 2 feet 10 + 3 ⁄ 4 inches (88.3 cm) in length; shorter than the maximum allowable variance. In response to the report, Subway said it was reevaluating its advertising, training, and packaging materials with regard to
280-455: A 10-year deal with PepsiCo that begins on January 1, 2025, ending the restaurant chain's partnership with The Coca-Cola Company that was first signed in 2003 and went into effect in 2005. Subway's international locations had already gone back to serving Pepsi products in 2018. Pepsi previously had a deal with them back in 1988 that lasted until the Coca-Cola switchover. As of 2024 , Subway
350-513: A chicken welfare policy that states that by 2024 or sooner, 100% of its U.S. chicken products will be produced in alignment with Global Animal Partnership (GAP) standards for higher welfare breeds, enhanced living environments (including lighting, litter, and enrichment), increased activity levels and optimized stocking density, and improved slaughter methods. To ensure compliance, Subway's chicken suppliers will be third-party audited with updates communicated annually. The policy announcement followed
420-537: A deal to serve exclusively Seattle's Best Coffee coffee as part of its breakfast menu in the US. Subway's best-selling sandwich, the B.M.T. (short for "Biggest, Meatiest, Tastiest"), contains pepperoni , salami and ham. It was introduced as a reference to Brooklyn-Manhattan Transit , connecting to the "subway" name. In April 2017, Subway announced the addition of paninis to its menu. Chipotle Steak & Cheese, Triple Cheese, Chicken Cordon Bleu, and Italian B.M.T. Melt were
490-456: A growing number of counterfeit stamps due to online auction sites and the increasing availability of high-quality printers. In November 2007, Subway's US commercials featured the cartoon character Peter Griffin (from FOX's Family Guy ) promoting its new Subway Feast sandwich. Subway ran a product placement campaign in the US TV series Chuck since its first season. As ratings dwindled in
560-472: A holding company, NCNB Corporation. In 1973 Reese was succeeded as CEO by Tom Storrs, who the next year turned the presidency of NCNB over to then 39-year-old Hugh McColl , who began an aggressive period of expansion. This was initially a defensive move. At the time, it was feared that the New York City money center banks might devour local Southern banks. It was believed that the only way to prevent this
630-521: A limited-edition tangy mustard, in which started as an April Fool’s joke in 2022 but due to popular demand Subway brought the SubDog to reality as a limited-time offer. Subway announced the return of the SubDog in Australia for a limited time in 2024 between 2nd September to 6th October. Subway's menu varies between countries, most significantly where religious requirements relate to the meats served. In 2006,
700-497: A monthly rotating $ 5 footlong. In October 2011, a similar promotion was launched in the United Kingdom. Customers can buy one of nine subs and any drink for £3 (for a 6-inch [15 cm] sub) or £5 (for a footlong). In 2012, San Francisco restaurants discontinued the five-dollar footlong promotion due to the higher cost of doing business in the city. From June 2014 to the end of that year, some Subway locations began discontinuing
770-600: A nationwide campaign led by high school animal activist Lia Hyman in coordination with the animal protection NGO The Humane League. On April 20, 2017, Hyman and a group of activists traveled to Subway's global headquarters in Connecticut to deliver more than 53,000 signatures from campaign supporters and held a demonstration outside the building after they were denied entry. In September 1999, at least 32 customers in Seattle contracted hepatitis A after eating food contaminated with
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#1732851754680840-662: A network of franchisees . Subway has the highest concentration of locations in North America with more than 20,000 in the United States, 2,881 in Canada, and 758 in Mexico, as of 2019. This was almost as many U.S. locations as McDonald's and Starbucks combined, as of 2018. Outside North America, the countries with the most locations are Australia (1,215), Brazil (1,643), and the United Kingdom (2,195), as of 2019. Subway's core product
910-659: A promotion named "Sub of the Day" where a different submarine sandwich is featured each day of the week at a discounted price. In the past they had a monthly promotion that featured a specialty sub sandwich at a discounted price for the entire month. Beginning in January 2000, Jared Fogle was a national spokesman for the company in the US, giving talks on healthy living and appearing in advertisements. Fogle first came to attention in his native Indiana by claiming that he lost over 200 pounds (91 kg) in part by eating at Subway. After 2008, he
980-556: Is a light rail line that connects to South End and several park and ride lots along South Boulevard. It operates everyday with 10 to 30-minute frequency, depending on time of day. Access to the Blue Line station is by stairs or elevator from inside the CTC and then by outdoor walkway along the light rail tracks. The station is covered by a roof made of synthetic materials and supported by curved steel; side platforms , which sit on either side of
1050-529: Is endorsed by the charity Heart Research UK . Subway is the second-biggest fast food advertiser in the United States, behind only McDonald's. It spent US$ 516,000,000 on measurable advertising in 2011. Subway used the advertising slogan "Eat Fresh" and focused on how its sandwiches were made from freshly baked bread and fresh ingredients, in front of customers to their exact specifications, by employees which Subway called "Subway Sandwich Artists". In 2005, Subway scrapped its "Sub Club" stamp promotion, citing
1120-547: Is headquartered in Charlotte at what is now Bank of America Corporate Center , and retains NCNB/NationsBank's pre-1998 stock price history. With this merger, all of NationsBank's holdings, including some of the tallest buildings in the nation (including Bank of America Plaza in Atlanta and the Bank of America Corporate Center) took Bank of America's name. McColl became chairman and CEO of
1190-449: Is the submarine sandwich (or "sub"). It also sells wraps , salad , paninis , and baked goods (including cookies , doughnuts , and muffins ). Subway also sells breakfast sandwiches , English muffins , and flatbread . In 2006, "personal pizzas" debuted in some US markets. These are made to order (like the subs) and heated for 85 seconds. Breakfast and pizza items are only available in select locations. In November 2009, Subway signed
1260-642: Is via the CityLynx Gold Line or by foot along Trade Street. As an intermodal transit station, the main facility is the open-air bus depot with 22 bus stands, using letters B-V and X, and the CityLynx Gold Line along Trade Street; connecting through a mezzanine level is the Lynx Blue Line and rail trail. The CTC is open from 4:50am till 1:30am daily. The facility includes the following restaurants and shops: Bojangles' , Burger King , China Shuttle, Cricket Wireless , Lil' Orbits, Plaza Sundries and Subway . In
1330-626: The Entrepreneur Franchise 500 . In 2015, it ranked third on the "Top Global Franchises" list, and first as the "Fastest Growing Franchise." At the end of 2010, Subway became the largest fast food chain worldwide– with 33,749 restaurants, that is 1,012 more than McDonald's. In January 2015, Suzanne Greco became president and CEO. Her brother Fred DeLuca, the company's first CEO, had been ill for two years and died of leukemia in September 2015. In 2016, Subway closed hundreds of restaurants in
1400-572: The Resolution Trust program . Favorable terms, with the FDIC assuming most of the loan portfolios and absorbing mark-to-market losses, allowed NCNB to expand profitably, and a cost-cutting culture improved margins. Eventually, NCNB built a branch network stretching from Virginia to Florida, in addition to Texas. In 1989, NCNB tried to become even more powerful by launching a hostile bid for Citizens & Southern Corporation of Atlanta , which had been
1470-424: The "Sandwich King", who is also Italian-American, discussing the nature and role of the different Italian meats and other ingredients. In July 2021, Subway debuted its "Refresh" campaign featuring: Tom Brady , Stephen Curry , Serena Williams , and Megan Rapinoe . Subway franchisees requested Rapinoe be pulled from the ads following the 2020 Olympics, claiming her testimonial caused sales to dip and harmed
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#17328517546801540-452: The $ 5 footlong promotion to boost franchise profits. In early 2017, Subway introduced its Italian Hero and advertised it with a campaign describing it as an authentic Italian(-American) sandwich. Created by their national creative agency MMB, two comedic spots feature Italian-American characters on and around the stoop of a tenement building, one including a cameo by sportscaster Dick Vitale . Another ad features Food Network 's Jeff Mauro ,
1610-532: The $ 5 promotion. On November 1, 2014, Subway discontinued the five-dollar footlong promotion, replacing it with the Simple $ 6 Menu which included a six-inch select with a drink and a choice of cookies or chips. In February 2016, Subway announced that all classic footlongs would be priced at $ 6 each. In January 2018, the $ 5 promotion returned with a $ 4.99 footlong menu of five subs at participating locations. In September 2018, Subway announced that it would discontinue
1680-526: The Federal Trade Commission announced it was looking into investigating the deal as it would possibly give Roark a monopoly in the sandwich shop industry via the firm's existing ownership of Subway's competitors McAllister's Deli & Jimmy John's . On April 30, 2024, Roark officially acquired Subway after the FTC determined that Roark did not have an unfair advantage. On March 19, 2024, Subway signed
1750-558: The Latin American support center is in Miami (US). The startup cost of owning a Subway franchise is significantly lower than competitors, beginning at around $ 200,000 to $ 500,000. However, Subway franchisees also pay some of the highest percentages of profits (around 12.5%) back to Subway compared to competitors. As of February 2023, Subway had approximately 37,000 locations in more than 100 countries, all independently owned and operated by
1820-644: The North Carolina state flower, by Nancy Blum, the Trade Street bridge supports entitled Bobbins pays hommage to Charlotte's textile industry was created by Andrew Leicester, Bobbins and track fencing featuring cottonwood leaves by Shaun Cassidy. NationsBank NationsBank was one of the largest banking corporations in the United States , based in Charlotte, North Carolina . The company named NationsBank
1890-526: The South's biggest bank for much of the 20th century until NCNB passed it. Partly as a defensive measure, C&S merged with Sovran Financial Corporation of Norfolk, Virginia to form C&S/Sovran. Only two years later, however, C&S/Sovran was nearly brought down by problem loans in the Washington, D.C. / Northern Virginia market, and was all but forced to merge with NCNB to form NationsBank. This created
1960-586: The U.S., experiencing a net loss in locations for the first time. However, with 26,744 locations, it remained the most ubiquitous restaurant chain in the U.S. (with McDonald's in the #2 spot). In July 2017, Subway unveiled redesigned restaurants, dubbed 'Fresh Forward', with new company branding. The company installed self-order kiosks, USB charging ports at tables, and added new menu items. In 2017, Subway closed more than 800 U.S. locations. In April 2018, it announced it would close about 500 more that year. According to Abha Bhattarai of The Washington Post , this
2030-556: The United Kingdom opened in Brighton in 1996. In 1989, Subway acquired Cajun Joe's, a Boston, Massachusetts -based chain which sold fried chicken and Cajun cuisine . The venture proved unsuccessful, and most were closed by the end of the 1990s. In 2004, Subway began opening stores in Walmart supercenters, and surpassed the number of McDonald's locations inside U.S. Walmart stores in 2007. Since 2007, Subway has consistently ranked in
2100-590: The United States. It is the largest single-brand restaurant chain and the largest restaurant operator in the world. Its international headquarters are in Shelton, Connecticut . In 1965, Fred DeLuca borrowed $ 1,000 from his friend Peter Buck to start "Pete's Drive-In: Super Submarines" at 3851 Main Street in Bridgeport, Connecticut , and in the following year, they formed Doctor's Associates Inc. to oversee operations of
2170-706: The campus of Lovely Professional University (LPU) in Jalandhar , Punjab . On March 6, 2013, Subway opened its second all-vegetarian outlet also offering Jain food in Paldi , Ahmedabad . In 2011, Subway introduced gluten-free bread and brownies to some locations in Texas. It also cut the salt content of its sandwiches by 15 percent in 2011. In the United Kingdom and Ireland, Subway has reduced salt content across its entire range by 33% and has committed to further reductions, in line with government targets. Subway's range of "Low Fat" subs
Charlotte Transportation Center - Misplaced Pages Continue
2240-762: The center of the CTC is CATS Customer Service, which includes lost and found, pass sales, transit IDs and information. Public restrooms are also available on site. For safety, the Charlotte-Mecklenburg Police Department has an expeditor unit on site. As part of the CATS Art in Transit program, the CTC/Arena features several pieces intended to provide a better overall aesthetic for the station. The works include bas-reliefs entitled Gingko by Alice Adams, drinking fountain basins designed to look like dogwoods ,
2310-426: The city began a competitive-bidding process which led to White Point Partners and Dart Interests being selected to redevelop the site. The development is planned to be a public-private partnership to create a new transportation hub which will also include retail and office space. The original building options being considered were a ground level bus station, below ground station, or above ground station. Also, included in
2380-579: The city manager to create a nonbinding memorandum of understanding with developers to move forward with the redevelopment process. This step is one on many steps and approvals needed before starting construction. The CTC has 20 internal bus bays and two external bus bays, serving 44 bus routes (local and express). In addition, the Gold Rush Red Line, a free shuttle service, connecting to Johnson & Wales University and Johnson C. Smith University , along Trade Street. The CityLYNX Gold Line, located at
2450-400: The company’s first CEO who was not a founding family member. He focused on improving established U.S. locations rather than building new restaurants. In December 2020, Subway partnered with ezCater to offer a new online catering platform. In 2023, the family announced that they were in the process of selling the company to private ownership. The company enlisted the help of JP Morgan with
2520-522: The failed First RepublicBank Corporation of Dallas, Texas from the FDIC . FirstRepublic, the largest bank in Texas, had entered FDIC receivership after filing bankruptcy in March, and was the largest FDIC bank failure in history. By that time, NCNB had become associated with "mergers, acquisitions, expansion, integration". From 1989 to 1992, NCNB acquired over 200 thrifts and community banks, many of these through
2590-542: The first kosher Subway restaurant in the United States opened in a suburb of Cleveland, Ohio in the Mandel Jewish Community Center of Cleveland. Former Subway spokesman Jared Fogle attended the opening. A press release stated, "With slight modifications, such as no pork-based products, and the use of soy-based cheese product, the menu is virtually identical to that of any other Subway restaurant." Other openings soon followed, briefly making Subway one of
2660-544: The four variations announced. In September 2018, Subway debuted the Chipotle Cheesesteak sandwich for a limited time. Regional testing of a crispy chicken sandwich also began taking place in Arkansas. In January 2024, Subway debuted Sidekicks, a new range of footlong baked goods in partnership with Cinnabon and Auntie Anne's . Subway’s SubDog is an American-style hotdog, topped with mozzarella cheese, tomato sauce and
2730-717: The headquarters were in Milford, Connecticut , taking up three land portions. In 2024 the former buildings were razed. There are five regional centers supporting the company's international operations. The regional offices for European franchises are located in Amsterdam (Netherlands); the Australian and New Zealand locations are supported from Brisbane (Australia); the Asian locations are supported from offices in Beirut (Lebanon) and Singapore ; and
2800-436: The intersection of East Trade Street and Brevard Street, is a streetcar line that connects to Central Piedmont Community College and Novant Health Presbyterian Medical Center . It operates everyday with a 15-minute frequency (20-minute after 7:00pm). Access to the streetcar is by two island platforms , one facing westbound and one facing eastbound. The LYNX Blue Line, located on an elevated platform above East Trade Street,
2870-535: The largest U.S. kosher restaurant chains. At their peak, twelve kosher Subway locations were open in the U.S., including Kansas City and 5 in New York. As of 2023, only one kosher Subway remains, in Miami, FL. Franchisees who failed noted a lack of support from the parent location in advertising, higher costs of kosher food and supervision, the inability to remain open on Saturdays, and that customers who do not keep kosher prefer
Charlotte Transportation Center - Misplaced Pages Continue
2940-590: The largest bank in the Southeast, with assets of $ 118 billion. The merger allowed NCNB/NationsBank to enter Tennessee and Maryland for the first time. At one stroke, it became a major player in Georgia and Virginia , where it previously had a minimal presence. In July 1992, NationsBank agreed to invest $ 200 million in Maryland National Corporation for a 16 percent nonvoting stake and an option to buy
3010-471: The largest in the American South, with assets of $ 225 billion, and 2,600 branches stretching from North Carolina to New Mexico. The following year, NationsBank acquired Florida 's largest bank, Jacksonville -based Barnett Bank , for $ 15.5 billion, increasing the company's total assets to $ 284 billion. In June 1997, NationsBank acquired Montgomery Securities in a $ 1.2 billion transaction. Montgomery
3080-533: The merged company with Bank of America's David Coulter as president, but Coulter was quickly forced out in favor of NationsBank executive Ken Lewis . In 2001, McColl handed his remaining posts to Lewis, who began his career at NCNB in 1969. Lewis stepped down in 2009 and was replaced by Brian Moynihan —marking the first time that the bank had not been led by someone with roots in NCNB/NationsBank. BankAmerica's broker-dealer, BancAmerica Robertson Stephens ,
3150-567: The naming rights of the men's national football teams as the Subway Socceroos , Subway Olyroos , Subway Young Socceroos , and Subway Joeys . The deal also includes Subway becoming the official partner of the Matildas and the Australia Cup . In December 2015, Subway released a commitment to move to a 100% cage-free egg supply chain in North America by 2025. In April 2017, Subway released
3220-582: The original menu and prices. Subway opened its first restaurant in India in 2001 in New Delhi . In deference to Hindu beliefs, Subway restaurants in India do not serve beef products; on the other hand, the country's large number of vegetarians induced Subway's Indian outlets to offer a much-extended range of vegetarian options. As of January 2017, there were 591 Subway restaurants in 68 Indian cities. On September 4, 2012, Subway opened its first all-vegetarian outlet on
3290-447: The premium and double-meat varieties) for five dollars (equivalent to $ 7.08 in 2023), in the continental United States and Canada, as a "limited time only" promotion. "Five Dollar Footlongs" quickly became the company's most successful promotion ever. Upon the initial promotion's completion, customer response prompted Subway to create a "$ 5 Footlong Everyday Value Menu" that offered some footlong sandwiches for $ 5. Since 2011, there has been
3360-532: The qualities of its products and specific products. Chief advertising officer Chris Carroll explained that the focus on fat, calories, and weight loss were "what fresh used to be" and that the new campaign would focus more on the sourcing of Subway's ingredients, such as its phase-out of antibiotic-treated meat . Carroll also explained that the new strategy was being developed prior to the controversy involving Fogle. In 2008, Subway began to offer all its regular one-foot-long (30 cm) submarine sandwiches (excluding
3430-543: The redevelopment would be a training center for the Charlotte Hornets which will be a part of the $ 215 million the city agreed in order to extend the Hornets lease of Spectrum Center until 2045. In January 2023 Charlotte City Council approved a below ground bus station. This option was chosen to reduce the security risks by only allowing access to ticketed passengers. As of February 2023 Charlotte City Council voted to allow
3500-896: The restaurants as the franchise expanded. The holding company derives its name from DeLuca's goal to earn enough from the business to pay tuition for medical school, as well as Buck's having a doctorate in physics. In 1968, the sandwich shop was renamed Subway. In 1974, a franchise operation began with a restaurant in Wallingford, Connecticut . The first Subway on the West Coast was opened in Fresno, California , in 1978. The first Subway outside of North America opened in Bahrain in December 1984. The first Subway in Canada opened in St. John's in 1986. The first Subway in
3570-610: The sale. The price of the company was reported to be around $ 10 billion. Several potential buyers made offers for the company. These included the asset management division of investment bank Goldman Sachs , TDR Capital , and TPG Inc. On August 24, Subway announced that Roark Capital would purchase the company for $ 9.6 billion. The deal's reported value would make it the third-biggest US acquisition in restaurant history, behind Burger King 's 2014 acquisition of Tim Hortons for $ 11.4 billion and Inspire Brands ' purchase of Dunkin' Brands in 2020 for $ 11.3 billion. In November 2023,
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#17328517546803640-461: The second season, a campaign to "save Chuck" was launched for fans, encouraging them to purchase a footlong sub from Subway on April 27, 2009, the date of the season finale. Tony Pace, Subway's marketing officer, called it the best product placement the restaurant chain has done "in several years." To celebrate National Sandwich Day on November 3, 2015, Subway offered a Buy One sandwich, Give One sandwich free promotion. Most Subway locations feature
3710-421: The specific or implied length of Giant Subs and was advising its franchisees to only discuss with customers the approximate number of expected servings and not a specific length of measurement. In January 2013, an Australian teen, Matt Corby, complained on Facebook that Subway's "footlong" sandwich was only 11 inches (28 cm) long, rather than 1 foot (30 cm). Subway responded by saying, "With regards to
3780-615: The stores' reputation. Subway has sponsored a number of sports events, particularly NASCAR races, including the Subway 300 (2001), Subway 400 (2002–2004), Subway 500 (2003–2007), Subway Fresh 500 (2005–2013) and the Subway Firecracker 250 (2009–2016). Subway sponsored the Subway Super Series ice hockey tournament from 2009 to 2014. In September 2022, Subway secured a three-year partnership deal with Football Australia for
3850-610: The tracks, are used to access the trains. The CTC Blue Line station is signed as "CTC/Arena," reflecting that it is also the main stop for the Spectrum Center, accessible via two walkways. Connection to the Amtrak Charlotte Station , located 2 miles (3.2 km) from CTC, is via CATS Bus 11 (North Tryon). Connection to the Greyhound bus station, located at the future Gateway Station and 0.6 miles (0.97 km) from CTC,
3920-520: The virus at two Subway outlets. The virus, which is spread by eating or drinking food or water contaminated with infected feces, infects the liver causing nausea, vomiting, diarrhea, fatigue, and fever. Subsequent investigations found that staff failed to adhere to thorough hand washing and the use of plastic gloves during food preparation. A class-action lawsuit on behalf of 31 victims was resolved for $ 1.6 million. The most seriously affected victim—a 6-year-old boy—suffered acute liver failure and required
3990-531: The virus. On February 2, 2007, KNXV-TV (with the help of the Arizona Department of Weights and Measures) reported that three of Subway's "Giant Sub" sandwiches, normally each 3 feet (91 cm) long, were actually only 2 ft 8 in, 2 ft 8 + 1 ⁄ 4 in, and 2 ft 8 + 1 ⁄ 2 in (81, 81.9, and 82.6 cm) long. Under Arizona regulations, objects cannot be more than 3% shorter than their advertised length;
4060-631: The whole company, which it subsequently executed in February 1993. In March 1993, NationsBank acquired Chicago Research and Trading Group, expanding into derivatives and dramatically increasing foreign exchange trading. In September 1995, NationsBank announced the acquisition of Bank South Corp for $ 1.6 billion in stock. The deal significantly increased NationsBank's already large presence in Atlanta. In 1996, NationsBank acquired St. Louis –based Boatmen's Bancshares for $ 9.6 billion. The combined bank became
4130-456: Was Hugh McColl , who led the merger with BankAmerica and became the first CEO of the present-day Bank of America . NationsBank traced its roots to two banks in Charlotte. Commercial National Bank (CNB), the earliest forerunner of NationsBank, was formed in 1874. American Trust Company was founded a few blocks down Tryon Street in 1909. In 1957, American Trust merged with Commercial National to form American Commercial Bank . American Trust
4200-401: Was a result of three consecutive years of falling profits and a 25 percent reduction in foot traffic in Subway stores since 2012. Franchisees also complained that the company's deep promotions further ate away at profits. In January 2018, Subway invested $ 25 million in a re-branding campaign targeting young consumers to revitalize its image and boost sales. In 2019, John Chidsey joined Subway as
4270-474: Was featured less often as the company marketed with more emphasis on its "5 dollar footlong" campaign. Subway attributed between one-third and one-half of its growth from 1998 to 2011 to Fogle, the equivalent of a tripling in size. Subway ended its relationship with Fogle in 2015 after he was charged with possession of child pornography and illicit sexual conduct with a minor. After pleading guilty in August 2015, he
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#17328517546804340-433: Was formed through the merger of several other banks in 1991, and prior to that had been through multiple iterations. Its oldest predecessor companies had been Commercial National Bank (CNB), formed in 1874, and American Trust Company founded in 1909. In 1998, NationsBank acquired BankAmerica , and modified that better-known name to become Bank of America Corporation . The CEO of NationsBank throughout its entire existence
4410-457: Was if the stronger banks in the region became too rich to be taken over. NCNB expanded beyond North Carolina for the first time in 1982, when it purchased Lake City, Florida–based First National Bank of Lake City. McColl became CEO of NCNB the following year. McColl would remain CEO until 2001, usually as president and intermittently as chairman. In 1988, NCNB's assets grew to $ 60 billion after it bought
4480-517: Was integrated into NationsBanc Montgomery Securities , and the combined subsidiary was renamed Banc of America Securities , headquartered in Charlotte. Subway (restaurant) Subway IP LLC , trading as Subway , is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs) and wraps . It was founded by Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut . After several name changes, it
4550-530: Was integrated into the firm's existing broker-dealer, NationsBanc Capital Markets , and the combined subsidiary was renamed NationsBanc Montgomery Securities . In 1998, it acquired BankAmerica Corporation of San Francisco in what was the largest bank merger in American history at the time. Although NationsBank was the nominal survivor, the merged bank took the better-known Bank of America name, and operates under Bank of America's charter. However, to this day it
4620-509: Was originally scrapped due to high costs, but was later brought back and constructed after multiple Center City businesses donated money to make up the difference in construction costs. On July 14, 2015, the CityLYNX Gold Line was officially opened with its initial 1.5-mile (2.4 km), six-stop segment (Phase 1). In 2019 the city received a bid from developers to purchase the 2.6-acre (1.05 ha) site and redevelop it. In August 2019
4690-887: Was owned by the private equity group Roark Capital . Prior to that, Subway had been owned by its founding families for six decades. In 2019, John Chidsey joined Subway as the first chief executive officer outside of the DeLuca family. As of 2017, the Subway Group of companies was organized as follows: Subway's international headquarters are in Shelton, Connecticut . The company is in the Enterprise Corporate Park, where it takes 90,000 square feet (8,400 m ) of space. This space takes up three floors. This facility began operations in 2023. The company stated that it chose Shelton due to proximity to various locations in Connecticut as well as proximity to points of interest. Previously
4760-440: Was renamed Subway in 1972, and a franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut . The longtime Subway slogan, "Eat Fresh", is intended to indicate that their toppings are indeed fresh. It was the fastest-growing franchise in the world in 2015 and, as of September 2023, has over 37,000 locations in more than 100 countries and territories. More than half its locations (21,796 or 58.1%) are in
4830-473: Was sentenced to more than 15 years in federal prison three months later. In December 2015, following the removal of Fogle from its marketing, Subway introduced a new marketing campaign, "Founded on Fresh". The campaign focuses on Subway's establishment and early history and features Fred DeLuca , as played by his son, Jonathan. The new campaign downplays the use of jingles and celebrity endorsements (besides "targeted" sports marketing) in favor of focusing on
4900-423: Was the nominal survivor, and its president, Addison Reese, became president of the merged bank. Only four years later, in 1960, American Commercial merged with Greensboro -based Security National Bank to form North Carolina National Bank (NCNB). Although American Commercial was the nominal survivor, it gave up its North Carolina state charter and took over Security's national charter. In 1969, NCNB reorganized as
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