Subway passes McDonld’s having more fast food outlets
Fast food battles don’t get much bigger than this with sandwich maker Subway zooming past McDonald's to have the most fast food outlets in the world.
The win came to light when McDonald’s disclosed its year-end store count in a Securities and Exchange Commission filing late last month. At the end of last year, Subway had 33,749 restaurants worldwide, compared to McDonald's 32,737, reports The Wall Street Journal.
The subway website now claims 34218 restaurants in 95 countries.
Subway spokesman, Les Winograd, believes some of its success is due to its private ownership and said, “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 with a public company, like financial statements,” reports The Age newspaper.