7 Changes Coming To Jersey Mike's In 2026 [Yahoo! Finance]
Blackstone Inc. (BX)
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Source: Yahoo! Finance
Jersey Mike's Subs is gearing up to make 2026 its biggest year ever. In 2025, the sub sandwich chain was officially acquired by Blackstone Inc. When the deal was first publicized in November 2024, Reuters reported the investment firm bought the U.S. company for $8 billion, a massive number worthy of the chain restaurant's numerous locations and lengthy history. Founded in 1956 as Mike's Giant Submarine Shop, Jersey Mike's now has thousands of restaurants across the U.S., Canada, and Mexico. What you see is what you get: A menu delivering subs both cold and hot, all stuffed with delicious meat and veggies. This simple but effective presentation has resulted in the chain's massive success ( just ask Reddit ) and the hefty price Blackstone paid to own it. Following the acquisition, former Wingstop Chairman and CEO Charlie Morrison was appointed CEO of Jersey Mike's in April 2025. Succeeding company founder Peter Cancro — who remains Chairman of the Board — Morrison's years of experien
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