Subway Closed Almost 1,000 Locations in 2017

Source: Grub Street NY

Bad time to be in the meatball-sub business. First, Subway franchisees hear word, via a companywide memo, that the chain’s traffic has fallen by a truly staggering 25 percent in the last five years, and now comes news that the foundering company’s store count dropped by 909 locations …

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