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When is the last time you stopped at a Subway? If it's been a while, you might not be surprised to learn that 2017 was not a good time for the chain that's been banking on their "Eat fresh" image to get customers through the door. It was only in late 2017 that franchisees found out that business had fallen 25 percent since 2012, and stores were shutting their doors. CNN reported that in 2016, Subway closed 359 locations, and 2017 was even worse. According to Business Insider, that year saw Subway closing another 909 stores across the US, which accounts for about three percent of their domestic footprint. So, it's not entirely surprising there's a lot going on behind the scenes at Subway, and their problems are way more complicated than you might think. So, why did your neighborhood Subway close?
Not-so-fresh | 0:45
Is this chicken? | 1:36
Franchisee revolt | 2:35
Chaotic leadership | 3:41
Serious competition | 4:18
Slow to change | 6:07
The face of Subway | 7:02
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