Subway’s DeLuca Sees Sandwich Chain Expanding to 50,000 Shops
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Subway, the closely held restaurant-chain that has more locations than McDonald’s Corp., will have about 50,000 in four years as it speeds growth abroad.
“Around 2017 or something like that, we’ll have about 50,000 stores in operation,” Fred DeLuca, president and co-founder of the sandwich shop, said during a telephone interview. Subway, based in Milford, Connecticut, and owned by Doctor’s Associates Inc., has about 38,800 locations worldwide.