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Subway reaches 40,000th location
Milford, Conn. — Subway opened its 40,000th location at an AppleGreen petrol station in Ipswich, England. The company has opened 1,761 locations around the world since the start of 2013. The largest chain of sub shops in the world, Subway leads the next largest chain by more than 5,500 locations.
The U.K. is the brand’s third largest market, behind the U.S. and Canada. There are 14,000 international locations in 102 countries outside the U.S. -
It’s a bad time to be a chicken
Americans are eating more chicken and paying more to do so, according to leading poultry producer Sanderson Farms.
The company said its third quarter sales increased 18.3% to $739 million and profits grew 136% to $67.9 million, or $2.95 a share, compared to profits of $28.7 million, or $1.25 a share.
The strong showing was the result of improved market conditions as whole bird prices remained at historically high prices during the quarter, according to Joe F. Sanderson, Jr., chairman and CEO of Sanderson Farms, Inc.