Subway closed 900 US stores in 2017, aswell as over 471 international stores. What is going on?
Not helped by the recent declining trend in the US restaurant traffic and sales, many consumers are eating out less and may be having homemade meals instead.
“Subway is in the midst of a massive transformation, and change of this size takes time,” a representative for the company told Business Insider. “Our goal is to strengthen the Subway brand in every market around the world to give Subway franchisees the greatest opportunity to successfully grow their businesses.”
What will be in store for Subway in 2018?