Subway's US Locations Continue Downward Trend with More Closures in 2024

More than 600 Subway sandwich restaurants closed in 2024, continuing a decline that has now persisted for almost a decade. According to reporting from QSR, Subway closed 631 locations in 2024, marking the ninth straight year of shrinking outlets for the chain.

Subway now has less than 20,000 stores across the U.S., down from a 2015 heyday of more than 27,000 locations. However, worldwide, the brand is still growing, with over 10,000 new locations added in the last three years.

The chain remains the largest in the U.S. by store count and now third overall worldwide, trailing only Starbucks and McDonald's.

Subway is focusing on its value proposition as customers become more sensitive to steep food prices. To this end, it will offer a $6.99 footlong deal through its companion app until May.