Sales to restaurants accounted for nearly half, or $33.1 million, of Beyond's net sales during its second quarter. Subway appears to be streamlining its sandwich offerings, but some customers aren’t biting. Subway is facing multiple lawsuits from former franchisees alleging that it wrongfully terminated their franchise agreements. The Beyond Meatball Marinara sub is a plant-based take on Subway’s classic Meatball Marinara and contains all the same ingredients—thick marinara sauce, … Subway is joining Dunkin’ Donuts, Burger King and other restaurant chains that are jumping onboard with a wave of new meat substitutes items. And, we are particularly excited about debuting a co-developed product that canât be found anywhere else: the Beyond Meatball⢠made just for Subway,â says Len Van Popering, Subwayâs Chief Brand and Innovation Officer. WIN. Partnerships are also part of Subway's comeback strategy. âSubway appeals to so many fans because we truly offer something for everyone. Despite the closures, Subway is still the largest U.S. restaurant chain by number of stores, topping McDonald's roughly 14,000 U.S. locations. snatched up partnerships with chains like. A Division of NBCUniversal. Privacy Policy|Terms of Use|. #GoBeyond. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Subway said the product launch is the result of a new culinary innovation partnership with alternative protein maker, Beyond Meat, to test exclusive plant-based protein options. Say hello to the Beyond Meatball⢠Marinara. Subway’s Beyond sub, for example, comes with Parmesan cheese. Beyond (BYND) and Subway worked together to develop the Beyond (BYND) Meatball, which is … by Anna Starostinetskaya. Staring in September, Subway —the world’s largest fast-food chain—will begin testing a sub sandwich made with Beyond Meat for a limited time at 685 select locations across the United States and Canada. Beyond Meat is spreading like wildfire. SUB . Hundreds of Subway … The Beyond Meatball™ sub offers the same mouthwatering flavor as our traditional meatball sub, topped with our irresistible marinara sauce, grated parmesan cheese, and toasted to perfection. “Beyond Meat reflects Subway’s continued journey to offer guests even more best-in-class food experiences and create new and delicious plant-based proteins,” the statement said. Shares of Beyond, which has a market value of $9.8 billion, are up 544% since its IPO, although they have tumbled in the last week after a secondary stock offering. The twist: It features the first-ever Beyond Meatball created just for Subway. The limited-time sandwich will be available in 685 locations in the U.S. and Canada starting in September. The Beyond Meatball was created for Subway. This news comes after Subway U.K. made us extremely envious by debuting a vegan wrap with a spicy vegan patty. T eaming up with Beyond Meat®, Subway has introduced the Beyond Meatball™ Marinara sandwich option at 635 participating locations across the U.S. and Canada. Carl’s Jr. also now sells a meatless burger made by Beyond Meat… The sandwich chain has been struggling in recent years after rapidly expanding across the U.S. Shares of Beyond have been soaring since its May initial public offering, although the stock has tumbled in the last week after a secondary stock offering.Â. https://www.beyondmeat.com/whats-new/subway-and-beyond-meat-team-up/. All Rights Reserved. The sandwich chain has been struggling in … Subway unveiled a new culinary innovation partnership with Beyond Meat to test exclusive plant-based protein options. The Beyond Meatball™ Marinara takes inspiration from Subway’s classic sandwich with a plant-based twist. Sign up for free newsletters and get more CNBC delivered to your inbox, Get this delivered to your inbox, and more info about our products and services.Â, © 2020 CNBC LLC. Starting this September and for a limited time only, Subway restaurants will test the Beyond Meatball Marinara sub in 685 participating restaurants in Canada and the U.S. Copyright © 2020 Beyond Meat. All Rights Reserved. We couldnât be more excited to unveil our new culinary innovation partnership with Americaâs largest restaurant chain, Subway. During the 2008 financial crisis, the sandwich chain saw success with its $5 footlong. The alternative-meat brand also has partnerships with Tim Hortons (), Dunkin (), Del Taco (), TGI Fridays, Carl’s Jr., among others.Citing NPD data showing that 70% of meat-eaters substitute for a non-meat protein once a week, Subway boasted that the Beyond Meat … During a recent press release, Subway announced that they’ll be offering their Meatball Sub with a plant-based twist. Got a confidential news tip? Subway joins the plant-based fad and partners up with Beyond Meat to debut its Beyond Meatball Marinara sub. This week, Subway expanded the meatless Beyond Meatball Marinara Sub sandwich to thousands of participating locations across Canada. Subway: In September 2019, you'll be able to get Beyond Meat on the meatball marinara sub sandwich at Subway. By clicking 'GO', you consent to Beyond Meat using your email address and postal code to receive emails about products, recipes and more. The food service provider will now offer Beyond burgers, sausages and other items at schools, hospitals, baseball stadiums and other businesses across the country. Author: Shannon McMahon Created Date: 8/7/2019 6:17:08 AM In 2018, it shuttered more than 1,100 U.S. locations, bringing its total number of U.S. stores to fewer than 25,000, according to franchise disclosure documents. To make the sub suitable for vegans, simply order without the cheese. Beyond Meat Beyond Meat will bring its plant-based meat to another fast-food chain next month. This meat-alternative could help restore the fast-food company to $5 footlong-era greatness. Subway has announced that it will test a sub with plant-based meat, the Beyond Meatball Marinara, in 685 North American restaurants this September. The sandwich will be called The Beyond Meatball™ Marinara and will become available in September of 2019 in over 600 […] Subway, which is privately held, had seen years of massive expansion. Subway ® Canada partnered with Beyond Meat to bring new plant-based protein offerings to its menu as part of a continued culinary innovation journey. But newer Subway restaurants began to steal sales from nearby locations. Starting in September, 685 Subway restaurants in the U.S. and Canada will serve the Beyond Meatball Marinara sub. The Beyond Meatball sub features Subway Canada’s iconic marinara sauce, sprinkled with grated parmesan, topped with shredded mozzarella and Monterey Jack cheese and perfectly toasted for an unbelievably tasty plant-based protein option. It's … Subway will soon be the place to go for meatless beef. The alternative-meat … Subway’s new sandwich “takes its inspiration from the brand’s classic sandwich but with a plant-based twist,” the company said in its statement. Subway Restaurants will test Beyond Meat Inc meatballs in 685 restaurants across the United States and Canada starting next month, the latest chain to jump on the meat … More and more fast-food chains are hopping on the plant-based bandwagon. In the last six weeks, Subway has announced partnerships with King's Hawaiian for its bread and Halo Top for its first-ever milkshake. The twist: It … We're excited to partner with Subway and are grateful that the menu team through to senior management has entrusted us as their innovation partner to deliver delicious plant-based proteins to their guests. “The sub offers the same mouthwatering flavor as Subway’s traditional meatball sub and is packed with … August 16, 2019. We want to hear from you. The company is planning to begin testing its Beyond Meat Meatball Marinara at several hundred locations around the U.S. and Canada this fall. In September, Subway began testing a Beyond Meatball Marinara Sub, featuring plant-based balls courtesy of Beyond Meat, at hundreds of locations in North America. Investor enthusiasm about the growth of vegan meat alternatives and Beyond's future opportunities have sent the company's stock soaring since its initial public offering in May. The sub offers the same mouthwatering flavor as Subwayâs traditional meatball sub and is packed with protein â 24 grams per six-inch sub. Subway is betting that a partnership with Beyond Meat can revive its struggling business. In 2016, Subway closed more restaurants than it opened and has since accelerated the pace of closures. In recent months, Beyond Meat has struck deals with Del Taco, Carl’s Jr., and Dunkin’ to push its products into the mainstream. It is also remodeling 10,500 U.S. stores and rolling out delivery across the nation. Read More. Also, rivals like Chipotle Mexican Grill and Potbelly appealed to customers with seemingly healthier fare, and rising commodity costs made the signature foot-long sandwich deal unprofitable. Beyond Meatball Marinara sub (Photo: Subway) Beyond Meat has been aggressively expanding its restaurant partnerships recently. Just a few years ago, finding cruelty-free meat alternatives at popular fast-food chains was something many vegans dreamed about. Subway ® Canada partnered with Beyond Meat to bring new plant-based protein offerings to its menu as part of a continued culinary innovation journey. You can opt out at any time. Copyright © 2020 Beyond Meat. WIN. Subway announced a Beyond Meatball Marinara sub, in partnership with Beyond Meat. Subway has begun to test the plant-based protein waters, announcing a partnership with Beyond Meat to bring a meatless meatball sub to its menu next month. There's a new way to Eat What You Love⢠at @SUBWAY. With our new plant-based Beyond Meatball⢠Marinara sub, we are giving them the best of both worlds. This September, Subway will be adding a “Beyond Meatball Marinara” sandwich to 685 menus in Canada and the U.S. for a limited time. The big difference, of course, will be in the Beyond Meat meatballs, which were created just for Subway. In an effort to continue offering their guests more best-in-class food experiences, Subway will be serving up the Beyond Meatball⢠Marinara sub to hungry guests at 635 participating restaurants in the U.S. as of September 5th. Subway is partnering with Beyond Meat, starting with a meatball marinara sub made with plant-based meatballs. The sub features irresistible marinara sauce, Provolone cheese and is sprinkled with freshly grated parmesan cheese on perfectly toasted bread. Subway Canada and Martha Stewart kick off the new decade by bringing Beyond Meatball™ subs all across Canada at participating locations! . Starting this September and for a limited time only, Subway restaurants will test the Beyond Meatball™ Marinara sub in 685 participating restaurants in Canada and the U.S. Euromonitor is forecasting that the U.S. market for meat substitutes will grow to $2.5 billion by 2023. Beyond Meatball Marinara sub (Photo: Subway) Beyond Meat has been aggressively expanding its restaurant partnerships recently. Data is a real-time snapshot *Data is delayed at least 15 minutes. Now, the company has partnered with its highest-profile client yet: Subway. Subway is the latest restaurant to join the Beyond Meat craze | Fox Business Fox Business Subway is partnering with Beyond Meat, starting with a meatball marinara sub made with plant-based meatballs. The sandwich will be available at 685 locations across the US and Canada for a … The El Segundo, California-based company has snatched up partnerships with chains like Dunkin', Del Taco and Tim Hortons as more consumers eat meat alternatives. The sub features marinara sauce, plant-based Beyond Meat meatballs, Provolone cheese and a topping of grated parmesan cheese. Unlike Subway, though, Burger King is partnering with Impossible Foods, one of Beyond Meat’s main competitors. Today, Subway unveils a new culinary innovation partnership with Beyond Meat® to test exclusive plant-based protein options. Subway Is About to Offer Beyond Meat by Mary Allen - August 7, 2019: UPDATE (AUGUST 12, 2019): Beyond Meat has announced the launch of a partnership with Aramark. All Rights Reserved. Subway and Beyond Meat teamed up to create the Beyond Meatball™—a plant-based meatball made exclusively for our restaurants. The Beyond Meatball was created for Subway. To receive exclusive coupons, availability updates of our sizzling Beyond Burger and Beyond Sausage, and other news you can use, sign up below! The sub features irresistible marinara sauce, Provolone cheese and is sprinkled with freshly grated parmesan cheese on perfectly toasted bread. The chain partnered with celebrity DIY expert Martha Stewart to promote the expansion who appeared in a satirical commercial wherein she “grew” the plant-based meatballs on trees in marinara soil. 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