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Tuesday
Mar082011

Subway Overtakes McDonald's in Fast Food League

From the BBC: Sandwich group Subway has overtaken McDonald's as the world's largest restaurant chain, the company has said.

The fast-food franchise had 33,749 sites across the globe at the end of last year, compared with 32,737 for McDonald's.

In recent years, US-based Subway has made a major push into international markets with its successful franchised business model, which emphasises small, low-cost outlets.

The privately-owned company said it had been "on a great run".

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