09 Mar '11, 4am

McDonald's now just No 2 - Subway has more restaurants worldwide

Subway now has more restaurants worldwide than McDonald's. The sandwich chain surpassed the world's largest hamburger chain in terms of number of stores in the United States in 2002 and now it has taken the global lead, with 33,749 restaurants worldwide at the end of last year. McDonald's had 32,737. McDonald's, however, remains the industry's revenue champion, with US$24 billion (S$30.4 billion) in revenue for its last fiscal year. Subway generated roughly US$15.2 billion. AP

Full article: http://www.todayonline.com/Business/EDC110309-0000392/McD...

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