the other mike
Diamond Member
I stopped eating there 2 years ago when I had the worst meatball sandwich ever.
Subway closed more than 1,100 locations last year as the company’s franchisees continued to shed locations amid consistently declining sales and traffic.
Subway has 24,798 restaurants in the U.S., the company said, or 1,110 fewer locations than it had a year ago. It’s the chain’s lowest number of locations since 2011, and the first time since then that it had fewer than 25,000 restaurants.
Subway closed 1,100 restaurants last year
It’s happened before: Sandwich chains Quiznos and Blimpie both suffered from steep declines in unit count over the years—in part at Subway’s hands.
But getting to this point, from being the restaurant chain killing its rivals to one that faces its own deterioration, was the result of numerous decisions going back years, as well as some bad luck and a consumer that continues to change.
Why Subway is facing a crisis
Subway closed more than 1,100 locations last year as the company’s franchisees continued to shed locations amid consistently declining sales and traffic.
Subway has 24,798 restaurants in the U.S., the company said, or 1,110 fewer locations than it had a year ago. It’s the chain’s lowest number of locations since 2011, and the first time since then that it had fewer than 25,000 restaurants.
Subway closed 1,100 restaurants last year
It’s happened before: Sandwich chains Quiznos and Blimpie both suffered from steep declines in unit count over the years—in part at Subway’s hands.
But getting to this point, from being the restaurant chain killing its rivals to one that faces its own deterioration, was the result of numerous decisions going back years, as well as some bad luck and a consumer that continues to change.
Why Subway is facing a crisis