Subway Shuts Hundreds of U.S. Stores

Subway Restaurants closed hundreds of domestic locations last year, marking the biggest retrenchment in the history of a chain that spent decades saturating America with restaurants. The company lost 359 U.S. locations in 2016, the first time that Subway had a net reduction. The store count dropped 1.3 percent to 26,744 from 27,103 in 2015, but Subway remains the nation’s most ubiquitous eatery. (McDonald’s Corp. is No. 1 by sales.)
Read more: https://www.bloomberg.com/news/articles/2017-04-20/subway-shuts-hundreds-of-u-s-stores-in-historic-retrenchment?source=Snapzu