. That's notably fewer closures than the 571 it netted in 2022 and 1,043 in 2021. Still, the continued loss of restaurants has brought Subway to its lowest store count since 2005, perThe chain ended 2023 with 20,133 locations in the United States, allowing it to hold onto its title as the country's largest restaurant chain by store count. However, Subway's closures have allowed two of its key competitors—McDonald's and Starbucks—to surpass it in size globally.
Subway's revenues and average sales per store both improved last year, though the average sales haven't kept pace with inflation, according to"As part of Subway's transformation journey to improve across all aspects of the brand, Subway experienced positive global net restaurant growth for the first time since 2016 last year. In the U.S., we are optimizing our footprint by using a strategic, data-driven approach to ensure restaurants are in the right location, image and format.
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