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NEW YORK (Reuters) - Subway reached an agreement with a master franchisee to open nearly 4,000 new sandwich shops across mainland China over the next 20 years, it said on Tuesday. | 08:20am
By Hilary Russ NEW YORK (Reuters) - Subway reached an agreement with a master franchisee to open nearly 4,000 new sandwich shops across mainland China .
Amid a potential $10 billion sale, in 2022 Subway's US franchisees closed 2.7 percent of the brand's sandwich shops, closing 571 locations while decreasing its royalties and fees