According to the franchise disclosure documents, the subway fell below 20,000 American places for the first time in 20 years.
The Sandwich series has been losing restaurants in the US for eight consecutive years. In 2024, it closed 631 restaurants, leading to the total number of the country to 19,502. Despite this loss, the subway is still the largest restaurant series in the country.
There are 37,000 metro locations globally, marking the second consecutive year, the sandwich series has increased with its international appearance. In a statement CNNThe company said it would continue to review its appearance in the US. “Using a strategic, data-operated approach to ensure the restaurant is in the right location, image and format and operated by the correct franchise.”
Subway said it “to open new restaurants as well as to move or close places as required, to ensure a consistent, high quality and convenient guest experience.”
The closure of the Sandwich Chen was reported months later in November 2024, months after the cancellation of its $ 6.99, a six -inch meal deal.
The deal was drawn from shops on 27 November due to poor performance, just a few weeks after being introduced on National Sandwich Day (3 November). Promotion included any six -inch sub and a small drink and option of chips, or two cookies for $ 6.99.
A message from the subway said, “Food deal was designed to help run a lift in traffic, sales and eventually, restaurant-level profitability, and was distributed on these objectives during market testing.” “While the National Food Deal Promotion is providing the expected number of daily redemption, the overall promotion is not running the anticipated results.”
The company said, “The subway’s approach to the price is thoughtful and strategic, taking advantage of the data to help balance the needs of the consumer while protecting franchise profits,” the company said. “We constantly test new price platforms, aims to help in running profitable traffic and encourage repeat tours.”
Retail companies have also fought this year, in which several JCpenney stores in seven states are set to close by the end of May.
Jcpenney called seven closters “isolated” and further stated that “there is no plan to reduce the count of our store significantly.”
The company had earlier stated that the closure from the recent merger of the brand with the Spark Group was “unrelated”, in which the organization catalyst brands of six major retailed vendors were formed.
