Subway will close 500 restaurants in the U.S.

(Image credit: Mario Tama/Getty Images)

last updated 27 April 2018

Subway plans on closing about 500 locations in the United States, but will open more than 1,000 restaurants in Mexico, China, India, and the United Kingdom, CNBC reports.

The sandwich chain has more than 40,000 locations around the world, and counts Panera Bread and Chipotle as competitors. In 2017, Subway owners closed 800 restaurants, and a spokesman told CNBC that "looking out over the next decade, we anticipate having a slightly smaller but more profitable footprint in North America and a significantly larger footprint in the rest of the world."

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE

https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Explore More

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.