Subway to close 500 restaurants across the US - Spokane, North Idaho News & Weather KHQ.com

Subway to close 500 restaurants across the US

Posted: Updated:

Subway Restaurants is projecting it will close roughly 500 locations across the U.S. as it expands the sandwich brand globally.

CNBC reports that the chain closed more than 800 of its stores last year, which followed a smaller pullback in 2016. In turn, Subway plans to add more than 1,000 locations worldwide, including opening shops in Mexico, the United Kingdom, China and India.

"Looking out over the next decade, we anticipate having a slightly smaller, but more profitable footprint in North America and a significantly larger footprint in the rest of the world," a spokesman told CNBC in an email. "Subway restaurants are 100% Franchisee owned and operated, and our commitment to the Franchisees is to work with them to make each restaurant more successful."

With more than 40,000 locations globally, Subway ranks the largest restaurant chain in the world, outpacing McDonald's and Starbucks.

CNBC reports that the sandwich giant has struggled to keep up with fast-casual competitors Panera Bread and Chipotle, among other grab-and-go options in grocery and convenience stores.

Subway has yet to release a list of stores that will be closing. 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Amazon.com to bring more than 1,500 jobs to Spokane

    Amazon.com to bring more than 1,500 jobs to Spokane

    Friday, July 20 2018 8:37 PM EDT2018-07-21 00:37:29 GMT

    SPOKANE, Wash. - Seattle-based Amazon.com is opening a fulfillment center in Spokane, promising more than 1,500 full-time jobs.    The company announced on Friday that it was opening its first fulfillment center in eastern Washington.    The 600,000-square foot center will be built near the Spokane International Airport.

    >>

    SPOKANE, Wash. - Seattle-based Amazon.com is opening a fulfillment center in Spokane, promising more than 1,500 full-time jobs.    The company announced on Friday that it was opening its first fulfillment center in eastern Washington.    The 600,000-square foot center will be built near the Spokane International Airport.

    >>
  • Death toll from Missouri duck boat accident climbs to 17

    Death toll from Missouri duck boat accident climbs to 17

    Friday, July 20 2018 3:51 PM EDT2018-07-20 19:51:29 GMT

    BRANSON, Mo. - Divers found four more bodies Friday in a Missouri lake where a duck boat packed with tourists capsized and sank in high winds, bringing the death toll to 17 in the country-and-western town of Branson, authorities said.

    >>

    BRANSON, Mo. - Divers found four more bodies Friday in a Missouri lake where a duck boat packed with tourists capsized and sank in high winds, bringing the death toll to 17 in the country-and-western town of Branson, authorities said.

    >>
  • Hayden man arrested for hate crime following fight with youth pastor

    Hayden man arrested for hate crime following fight with youth pastor

    Friday, July 20 2018 2:36 AM EDT2018-07-20 06:36:38 GMT

    COEUR D'ALENE, Idaho - On July 12, officers responded to a large fight at a Coeur d'Alene McDonald's. Court documents say a Hayden man was charged with battery and malicious harassment, which is considered a hate crime in Idaho, following an investigation by police.  When officers arrived on scene, the fight had broken up, but witnesses were interviewed at the scene.

    >>

    COEUR D'ALENE, Idaho - On July 12, officers responded to a large fight at a Coeur d'Alene McDonald's. Court documents say a Hayden man was charged with battery and malicious harassment, which is considered a hate crime in Idaho, following an investigation by police.  When officers arrived on scene, the fight had broken up, but witnesses were interviewed at the scene.

    >>
HD DOPPLER 6i
/
  • Top Stories from KHQHomeMore>>

  • Update: Upriver Beacon Fire now at 90% containment

    Update: Upriver Beacon Fire now at 90% containment

    Friday, July 20 2018 10:19 PM EDT2018-07-21 02:19:52 GMT

    SPOKANE VALLEY, Wash. - Firefighters on the front lines of the Upriver Beacon fire are making progress on the 115-acre fire that started Tuesday evening.  Megan Hill, Public Information Officer for the fire, tells KHQ the fire is 20 percent contained as of Wednesday evening.

    >>

    SPOKANE VALLEY, Wash. - Firefighters on the front lines of the Upriver Beacon fire are making progress on the 115-acre fire that started Tuesday evening.  Megan Hill, Public Information Officer for the fire, tells KHQ the fire is 20 percent contained as of Wednesday evening.

    >>
  • With Amazon Fulfillment Center opening in Spokane, online shoppers excited for possibility of same-day delivery

    With Amazon Fulfillment Center opening in Spokane, online shoppers excited for possibility of same-day delivery

    Friday, July 20 2018 9:43 PM EDT2018-07-21 01:43:28 GMT

    SPOKANE, Wash. - When the new Amazon Fulfillment Center opens at the end of next summer, it will do a lot more than create jobs. For Prime members living in the Inland Northwest, some items will be available through same-day delivery. And that’s a huge help to Tiffany Pittman. “I have a 12-year-old and two twins,” said Tiffany Pittman. “Five-month-old twins.” 

    >>

    SPOKANE, Wash. - When the new Amazon Fulfillment Center opens at the end of next summer, it will do a lot more than create jobs. For Prime members living in the Inland Northwest, some items will be available through same-day delivery. And that’s a huge help to Tiffany Pittman. “I have a 12-year-old and two twins,” said Tiffany Pittman. “Five-month-old twins.” 

    >>
  • Smoke from wildfires continues to impact Spokane air quality

    Smoke from wildfires continues to impact Spokane air quality

    Friday, July 20 2018 9:42 PM EDT2018-07-21 01:42:40 GMT

    Spokane, Wash. The smoky air isn't stopping some people from enjoying the outdoors like Lynn Winkler ”I am not concerned right now. We don't have repertory problems, but I think if you did then you're in trouble. But right now I think it's fine. When the sky is brown I stay inside," said Winkler. In the wake of the Upriver Beacon fire and now the Boylston fire that 'brown sky' may come sooner rather than later. The fine microscopic particles left behind by a blaze can...

    >>

    Spokane, Wash. The smoky air isn't stopping some people from enjoying the outdoors like Lynn Winkler ”I am not concerned right now. We don't have repertory problems, but I think if you did then you're in trouble. But right now I think it's fine. When the sky is brown I stay inside," said Winkler. In the wake of the Upriver Beacon fire and now the Boylston fire that 'brown sky' may come sooner rather than later. The fine microscopic particles left behind by a blaze can...

    >>