Subway says it closed 571 US stores in 2022

NEW YORK CITY, New York: Amid a potential $10 billion sale, in 2022 Subway's US franchisees closed 2.7 percent of the brand's sandwich shops, closing 571 locations while decreasing its royalties and fees.

According to the latest disclosure document it provides to interested franchisees, the chain's decline follows even steeper closings in previous years in the US, its largest global market, where its closed thou