Subway Will Be Closing 500 Locations in USA & Opening About 1000 Locations Overseas
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Subway(restaurant) is well known for its sandwiches. But with increased competition from convenience stores, drug stores stocking sandwiches, and chain restaurants such as Panera Bread, Starbucks, and McDonald’s, Subway (restaurant) chain is planning to close about 500 locations in USA and expanding more than 1000 locations overseas, including Mexico, U.K., Germany, South Korea, India, and China. According to Bloomberg, this Milford, Connecticut based chain, currently with about 26,000 store locations in USA, wants to focus on better restaurant locations and boosting sales. According to the company website, with an estimated 44,000 store locations in 112 countries, Subway is the largest restaurant chain in the world.
Subway restaurants are all completely owned and operated by franchisees. Therefore, which locations will be closed will depend on the franchisees. At the moment, Subway cannot provide any list of locations that will be closed.
Photographed, gathered, written, and posted by Windermere Sun-Susan Sun Nunamaker
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