Things already haven’t been looking great for Subway, the sandwich giant which shrunk by a whopping 5% last year, or a little over 1000 restaurants. And that comes after it lost more than 1600 restaurants in 2020. The New York Post, reporting on the chain’s decline over time, notes that:
After hitting a peak of 27,129 US locations on Jan. 1, 2016, the chain has since shrunk by a whopping 22 percent. In New York, there has been a 22 percent decline over the past three years alone, federal filings said.