The store count dropped 1.3 percent to 26,744 from 27,103. Subway is struggling with a sales slowdown in the U.S. Sales fell 1.7 percent last year in the U.S. but the store is growing internationally. Sales outside of the U.S. rose 3.7 percent.
“Sales for 2016 reflect our focus on international growth,” Subway said in a statement. “We are undertaking an exciting transformation that includes introducing new and improved products, creating an even greater customer experience, refining operations, and positioning Subway franchisees for continued success.”
This story was originally published in 1851 Franchise on April 21, 2017. Burnaze summarizes and links to the original reporting.
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