Subway is planning to close another 500 stores in 2018.
Last year, the sandwich chain’s US store count fell by 909, losing almost three times as many locations as the year before.
Subway’s struggles are tied to over-expansion, failure to keep up with trends, and internal battles — including a lack of confidence in the CEO.
Subway is closing another 500 stores, after years of declining sales.
The sandwich chain told Bloomberg that it planned to close about 500 of its US locations this year. Subway’s US store count fell by 909 in 2017, losing almost three times as many locations as the year before.See the rest of the story at Business Insider
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