Subway's Decline in the Fast-Food Industry

SOURCE ktla.com
Subway, once a dominant fast-food chain with a large number of locations, is facing challenges such as store closures and a shrinking footprint due to rising prices and competition from fast-casual eateries.

Key Points

  • Subway faced a decline in the number of U.S. locations by 631 stores in 2024.
  • Consumers are opting for fast-casual eateries over traditional fast-food chains like Subway due to similar pricing and a better dining experience.

Pros

  • Subway remains a significant player in the fast-food industry with a large global presence.
  • The chain is focusing on Smart Growth to ensure the right locations and franchises.

Cons

  • Subway has experienced store closures and a decrease in the number of U.S. locations.
  • Competition from fast-casual eateries and rising prices are impacting Subway's business model.