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Old 06-19-2018, 04:29 PM  
kane
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Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
Quote:
Originally Posted by VTRL Media View Post
businessinsider /subway-to-close-another-500-stores-2018-4

"Subway is planning to close 500 stores this year.
Last year, the sandwich chain's US store count fell by 909; it lost almost three times as many locations as it did in 2016.
Subway's struggles are tied to overexpansion, failure to keep up with trends, and internal battles, including a lack of confidence in the CEO."

Considering there was a Starbucks and Subway on basically every street corner in the U.S. a few years ago, there's no way they're generating enough foot traffic to those places to keep them all open. I'm sure by "overexpansion" they meant there are so fucking many locations they've gotten to a point where they're basically completing with themselves.
I wonder if by "keeping up with trends" they mean the surge in popularity with low carb diets.
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