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Home / Business / Subway wants to close 500 more stores in the US

Subway wants to close 500 more stores in the US



MILFORD, CT – Metro, which has nearly 26,000 stores in the United States, plans to close 500 locations in North America by the end of 2018, but the Milford-based company is far from taking back, officials said 1,000 want to open new stores abroad, according to media reports.

Even if Subway reduces its numbers in the US, it will still have the most stores as YUM Brand, which operates Pizza Hut, Taco Bell and KFC, is in second place with 17,500 locations with CN-Money. If you're wondering, McDonald's has 14,000 locations in the US.

If your local subway survives the cut and we do not know which ones will be closed, you'll notice some changes. There will be self-service kiosks, better seating and Wi-Fi and USB charging ports, reports CNN Money.

Subway began in 201

6 with the closure of 350 locations to reduce its number of stores. Last year, another 800 shops were closed, which left the number of subways in the US at 25,908, reports Bloomberg.

In a sense, Subway officials are responding to the contest and officials say they want to improve the look and functionality of their stores for customers.

"We want to be sure that we have the best location," said Suzanne Greco, CEO of Subway Restaurants, in an interview with Bloomberg News . "Counting store is not everything." A subway spokeswoman reported Fortune the company expects "a slightly smaller, but more profitable footprint in North America," but with far more overseas business.

Subway's revenue declined 4.4 percent in 2017, reports Fortune.

Subway file image

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