If you still think that McDonald's is the
world's largest restaurant chain, then you are wrong, that honor now goes to
Subway.
The sandwich giant just passed the golden arches in terms of number of locations, according to the Wall Street Journal.
Subway had 33,749 restaurants open worldwide at the end of 2010.
McDonald's had just 32,737 locations open by the same point, the corporation disclosed in SEC filings.
Subway, which opened its first international restaurant in 1984, in Bahrain, expects its number of international restaurants to exceed its domestic ones by 2020, says Don Fertman, Subway's Chief Development Officer. The chain currently has just over 24,000 restaurants in the U.S., where it generated $10.5 billion of its $15.2 billion in revenue last year.
Congratulations, Subway, you are the leader now.
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