Subway franchisees will now have to take additional steps before closing their stores in an apparent bid by the restaurant chain to prolong the process and delay the rate of closings, according to a ...

A number of Subway restaurants have closed their doors after their owner filed for bankruptcy, the latest wave of store closures to impact a large franchisee of a major fast-food chain this year.

Subway on Monday reported global same-store sales rose 12.1% in the first quarter as the company closes in on a planned deal to sell the business by June. CEO John Chidsey said at a recent conference ...