Subway Inks Deal for 4,000 New Sandwich Shops in China Over Next 20 Years

Subway Inks Deal for 4,000 New Sandwich Shops in China Over Next 20 Years
People walk past a Subway sandwich store at Sanlitun Soho residential and commercial complex in Beijing, China on June 28, 2018. Jason Lee/Reuters
Reuters
Updated:
0:00

NEW YORK—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.

International expansion is a key growth strategy for the privately owned U.S.-based chain, which is in the midst of a turnaround plan that also relies on remodeled restaurants, updated menus, and a splashy marketing campaign.