New York (CNN Business) Subway, the world's largest fast-food chain, is struggling to adapt to more health-conscious, tech-savvy customers. Subway closed more than 1,000 restaurants in the United States last year — way more than it originally plannedThe company's net closures include new Subway stores that it opened last year, which means the number of closed Subways is even larger than the company is letting on. The privately held company confirmed the number of net closures to CNN Business, but did not disclose the number of openings. It said it plans to keep closing restaurants as it tries to become more profitable. Everything we do has to achieve these goals," a Subway spokesperson said in a statement.
Source: CNN May 02, 2019 12:22 UTC