Sub­way su­per- sizes Mac­cas in fast- food mar­ket

Townsville Bulletin - - Investor -

SAND­WICH maker Sub­way has stolen t he f ast-f ood c r o w n f r o m l o n g - t i m e holder McDon­ald’s, claim­ing more stores world­wide for the first time.

On Jan­uary 1, Sub­way had 33,749 stores across t he globe, spokesper­son Les Wino­grad said, sur­pass­ing McDon­ald’s re­ported 32,737 out­lets.

‘‘ We over­came them at some point in 2010. One year ago, we were slightly be­hind,’’ Wino­grad said.

The com­pany said some of its suc­cess was due to its pri­vate own­er­ship. Sub­way was founded in 1965 and is not on the stock ex­change.

‘‘ That is our choice, and the rea­son for that is that it en­ables us to fo­cus on the prod­uct, the qual­ity, the restau­rants and not on the other things associated with a pub­lic com­pany, like fi­nan­cial state­ments,’’ said Wino­grad.

McDon­ald’s, born in 1955 in a Chicago sub­urb, has dom­i­nated t he f ast-f ood mar­ket for most of its ex­is­tence, be­com­ing an icon of cap­i­tal­ism.

To­day i t i s seem­ingly o mni p r e s e n t o n s t r e e t s from Madrid to Los An­ge­les.

McDon­ald’s spokes­woman Heidi Barker played down the news.

‘‘ We re­main fo­cused on our cus­tomers, and are com­mit­ted to be­ing bet­ter, not just big­ger,’’ she said.

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