Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowMcDonald’s expects to open nearly 10,000 restaurants over the next four years, a pace of growth that would be unprecedented even for the world’s largest burger chain.
Ahead of a day-long event for investors, the Chicago burger giant said Wednesday that it aims to have 50,000 restaurants in operation worldwide by the end of 2027. McDonald’s had 40,275 restaurants at the start of this year.
Other national chains are expanding at a rapid clip as well. Starbucks said last month it expects to have 55,000 stores globally by 2030, up from 38,000 today.
More details are expected Wednesday during McDonald’s investor event, including where store growth will be concentrated.
The company also announced a partnership with Google Cloud, which it said Wednesday will help it accelerate automated services and reduce complexity for its employees.
McDonald’s same-store sales rose nearly 9% worldwide in the third quarter, even as U.S. traffic fell slightly.
The company is focused on core menu items like Quarter Pounders and fries which, according to McDonald’s, make up 65% of sales systemwide.
Burgers with softer, freshly toasted buns, meltier cheese and more Big Mac sauce are coming to U.S. restaurants by the end of 2024 and most other markets by the end of 2025. McDonald’s said chicken sales are now on par with beef, and it plans to bring its McCrispy sandwich to nearly all global markets by 2025.
Please enable JavaScript to view this content.
How wonderful for all of us that McDonalds is on a massive expansion. NOT!
Is it even necessary to have this many restaurants? It’s bad for the environment but who cares about the planet right?
The announcement that McDonald’s plans to open nearly 10,000 restaurants over the next four years is not just a testament to the company’s ambitious growth, but it also signals positive ripple effects for the global business landscape. The expansion of McDonald’s, alongside other national chains like Starbucks, reflects a strong and optimistic outlook for the industry.
It’s heartening to see McDonald’s adapting to changing consumer preferences by recognizing the rise in chicken sales and planning to introduce the McCrispy sandwich to global markets by 2025. This expansion not only means more convenience for customers but also brings economic opportunities, job creation, and increased accessibility to diverse markets.
Overall, McDonald’s growth plans and initiatives are not just about burgers and fries; they represent a positive force for economic development and innovation on a global scale. Cheers to McDonald’s for paving the way for a brighter future in the fast-food industry!
… reads like an A.I response.
I think this is a fake comment. Fake comment. Fake comment. Comment fake. Fake. Comment. Rhurrrrrrrrrrrrrrrrrrrrr.
Fake comment. Rhurrrrrrrrrrrrrrrrrrrrr.
This is a real comment. (Much Better.)
And the ice cream machine still won’t work
Yep.