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Franchisees also complained that the company's deep promotions further ate away at profits. According to Abha Bhattarai of The Washington Post, this was a result of three consecutive years of falling profits and a 25 percent reduction in foot traffic in Subway stores since 2012. In April 2018, the chain announced it would close about 500 more that year. In 2017, the chain closed more than 800 of its U.S.
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Its international headquarters is in Milford, Connecticut.Ī Subway outlet in Kajang, Malaysia, located next to Domino's Pizza It also is the largest single-brand restaurant chain, and the largest restaurant operator in the world. More than half its locations (21,796 or 58.1%) are in the United States. It was the fastest-growing franchise in the world in 2015 and, as of June 2021, had 37,540 locations in more than 100 countries and territories. The longtime Subway slogan, "Eat Fresh", is intended to indicate the fresh ingredients that are used in their sandwiches. Subway serves an array of topping choices, allowing the customer to choose which toppings are included in their sandwich.
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Since then, it has expanded to become a global franchise.
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After several name changes in the beginning years, it was finally renamed Subway in 1972, and a franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut. Subway was founded by Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut. Subway is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs), wraps, salads and drinks.
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