Author Topic: Subway now has more store than McDonalds!  (Read 2487 times)

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Subway now has more store than McDonalds!
« on: March 14, 2011, 11:32:54 PM »
Subway surpasses McDonalds!

In 2010 the Subway sandwich chain  surpassed McDonald's Corp. as the world's largest restaurant chain.
At the end of last year, Subway had 33,749 restaurants worldwide, compared to McDonald's 32,737.

Subway just opened its 1,000th location in Asia, including its first in Vietnam.

Subway, which opened its first international restaurant in 1984, in Bahrain, expects its number of international restaurants to exceed its domestic ones by 2020, says Don Fertman, Subway's Chief Development Officer.

The chain currently has just over 24,000 restaurants in the U.S., where it generated $10.5 billion of its $15.2 billion in revenue last year.
"We're continually looking at just about any opportunity for someone to buy a sandwich, wherever that might be. The closer we can get to the customer, the better," Mr. Fertman says, explaining that it now has almost 8,000 Subways in unusual locations. "The non-traditional is becoming traditional."

McDonalds still has the lead over Subway in Russia and several Russian convenience food chains are also leading.