Subway Restaurants, the world’s most ubiquitous dining chain, will continue closing U.S. stores as it expands internationally. After peppering the nation with thousands of locations, closely held Subway is retrenching. This year, the sandwich purveyor is planning to shut about 500 more of its U.S. shops. Last year, more than 800 stores went dark, with the total U.S. count dropping to 25,908. “We want to be sure that we have the best location,” chief executive officer Suzanne Greco, 60, said in a phone interview.
Source: thestar April 25, 2018 19:52 UTC