08 Mar '11, 1am

Subway is now the world's biggest fast food chain, overtaking McDonald's in number of stores worldwide

Subway is now the world's biggest fast food chain, overtaking McDonald's in number of stores worldwide

A man walks out of a McDonald's store in New York. McDonald's has fallen behind in the fast food race, with sandwich chain Subway overtaking them in number of stores. -- PHOTO: REUTERS WASHINGTON - SANDWICH maker Subway has stolen the fast food crown from long-time holder McDonald's, claiming more stores worldwide for the first time on Monday. On January 1, Subway had 33,749 stores across the globe, spokesperson Les Winograd said, surpassing McDonald's reported 32,737 outlets. 'We overcame them at some point in 2010. One year ago, we were slightly behind,' Mr Winograd told AFP. The company said some of its success was due to its private ownership. Subway was founded in 1965 and is not listed on the stock exchange. 'That is our choice, and the reason for that is that it enables us to focus on the product, the quality, the restaurants and not on the other things associated w...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

Comments

  1. 08 Mar '11, 8am

    Well... not yet for Singapore

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