There are concerns that Subway’s growth strategy may be impacting the company’s ability to grow. In the last two years, the brand has shuttered nearly 1,000 locations each year.
One of the primary complaints is that the push to expand too quickly has led to an overabundance of stores and shrinking sales and success on a per-store basis. We dug into the numbers to analyze the situation.
Source: Subway’s Woes? | Placer.ai
Chris Walton is an accomplished Senior Executive with nearly 20 years of success within the retail and retail technology industries. He is well-versed in merchandising, store operations, inventory management, product design, forecasting, e-commerce, pricing and promotions, and tech product development.
Chris was most recently a Vice President with Target, where he led the retailer’s Store of the Future project and also ran the Target’s home furnishing division for e-commerce. He previously worked for GAP, Inc., as a Distribution Analyst and Manager.
Chris holds a BA in Economics and History from Stanford University, and a MBA from Harvard Business School.
He likes to dress as Darth Vader for Halloween, and his wife also frequently asks him to ask Alexa, "to turn off the music."