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Subway Could Shrink to Smallest Size in Years as California’s $20 Minimum Wage Does Major Damage

The Subway chain is shrinking in a trend that could grow now that California’s sky-high minimum wage for fast food workers is in effect. Subway closed 733 American stores in 2023, according to the New York Post. Although it added 396 stores and acquired some others, overall the chain’s store...

The Subway chain is shrinking in a trend that could grow now that California’s sky-high minimum wage for fast food workers is in effect. Subway closed 733 American stores in 2023, according to the New York Post. Although it added 396 stores and acquired some others, overall the chain’s store…

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