Here’s Why Subway Could Close Another 500 Restaurants

(CNN Money) — Fast food sandwich chain Subway expects to close about 500 stores in North America this year.
But it’s also hoping to open as many as 1,000 stores overseas.
The company has 44,000 locations globally — more than any other retailer. The National Retail Federation put its US store count at nearly 27,000 as of 2016, compared to 17,500 for Yum Brands, which runs Pizza Hut, Taco Bell and KFC, and the 14,000 locations for McDonald’s.
The company said Wednesday it e