Subway has major plans to open new restaurants across North America this year.
across the continent by around 35% in 2023 compared to 2022. The exact number of North America openings in 2022 was not immediately clear, but the company said that it opened nearly 750 new locations globally throughout the year. In the first quarter of 2023, Subway has already openedexploring a possible sale
, also just took a major step forward in an ongoing overhaul of its franchises. In this week's announcement, Subway said it inked five new agreements with multi-unit owners. These agreements have already allowed those owners to acquire and consolidate more than 230 existing Subway restaurants this year., the company has been working to bring in larger and more experienced multi-unit owners to replace the single-unit, mom-and-pop operators that it has traditionally relied on.
"A key element of Subway's multi-year transformation journey is attracting multi-unit owners with the vision, resources, operating expertise and passion for the Subway brand," Trevor Haynes, president of Subway North America, said in a statement."All five multi-unit agreements are an excellent representation of the brand's smart growth strategy coming to life and demonstrate the confidence operators have in our brand and future."modernize its image.
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