EMCC European Monitoring Centre on Change

Subway

Company/Organisation:
Subway

Geographic Location

Country: European Union
Location of affected unit(s): UK and Republic of Ireland

Company

Sector: Hotel / restaurants
Accomodation and food service activities
56.10 - Restaurants and mobile food service activities

Employment Effects

Announcement Date: 26-01-2012
Type of Restructuring: Business expansion
Employment Effect Start: 30-01-2012
Foreseen End Date: 01-01-2015
Planned Job Creation: 6000

Additional Information

US-owned restaurant franchise Subway plans to open 600 new branches in the UK and the Republic of Ireland, creating 6,000 jobs over the next three years.

The chain has already expanded rapidly, increasing the number of its UK outlets by 500% in the seven years to date. Subway currently has 1,423 outlets in the UK and 99 in Ireland, so the planned expansion will increase its presence by over one-third.

Sources:

26-01-2012Huffington Post
26-01-2012BBC News

Sources Links:

http://www.huffingtonpost.co.uk/2012/01/26/subway-new-branches_n_1233306.html http://www.bbc.co.uk/news/business-16737290