USA: Subway closed hundreds of locations last year
Subway Restaurants, the largest restaurant chain in the US, shut down hundreds of locations in 2016.
The chain’s store count dropped by 359 locations in the US last year — the first time in history that Subway experienced a net loss in locations, Bloomberg reported.
With 26,744 locations, Subway is still the most ubiquitous restaurant chain in the US,with McDonald’s in the No. 2 spot.
Bloomberg reported that sales fell 1.7 percent last year to about $11.3 billion. The chain has struggled to keep up with fast-casual competitors like Panera and Sweetgreen better suited to meet Americans’ swiftly evolving health trends.
The company also faced negative publicity from a scandal involving its former spokesperson Jared Fogle. Fogle is currently serving a nearly 16-year prison sentence after being charged for having sex with minors and possessing child pornography. Subway cut tieswith him last summer.
Subway has tried to revamp its image in the last year, launching a new logo last August andworking to cut antibiotics from the menu.
Whether it’s the gender pay gap, a lack of promotion opportunities or the demand from
Sostenibilidad: Walmart highlights progress in creating shared value in tenth annual global resposability report
Abril 25, 2017
Walmart today released its tenth annual Global Responsibility Report, which looks back at the company’s
La cadena hotelera Movich, que ya cuenta con ocho establecimientos en el territorio colombiano, tiene
Este viernes se cumplirá un año más de la entrada al mercado de la pequeña
Mexicana evalúa pedir nueva prórroga a más tardar el viernes o incluso desistirse de la