SANDWICH group Subway has overtaken McDonald’s as the world’s largest restaurant chain, the company has said.
Subway had 33,749 sites across the globe at the end of last year, compared with 32,737 for McDonald’s.In recent years, Subway has made a major push into international markets with its successful franchised business model, which emphasises small, low-cost outlets.
The privately-owned company said it had been “on a great run”. Meanwhile McDonald’s yesterday said that global like-for-like sales at restaurants in February rose 3.9 per cent, as strong sales in Europe helped offset a weak US market. It said it wanted to be “better” rather than just “bigger” in relation to rivals.