Post by account_disabled on Feb 24, 2024 23:34:46 GMT -5
McDonald's is testing a new restaurant format with customizable drinks and sweet items designed to appeal to afternoon customers...and steal sales from competitors like Starbucks and Dunkin'. The company announced on Wednesday that it will open ten CosMc's restaurants until the first half of next year. One will be near the company's headquarters. in Chicago and the rest in Texas . The company will study the results for at least a year before deciding whether to expand . McDonald's plans to open 900 new stores in the United States and 1,900 in international markets. Photo: AP The announcement was one of the most anticipated at McDonald's investor conference on Wednesday.
The company also reported that McDonald's plans to Armenia Mobile Number List open nearly 10,000 restaurants around the world in the next four years - reaching a total of 50,000 restaurants - a growth rate that would be unprecedented even for the largest hamburger chain in the world. It plans to open 900 new stores in the US and 1,900 in international markets such as Canada, Germany, the United Kingdom and Australia with company-operated and franchised restaurants. McDonald's plans to open another 7,000 stores in international markets run by franchisees. More than half of those places would be in China. But beyond that physical expansion with CosMc McDonald's also looking to expand its menu and opening hours and catch up with other fast-growing chains such as Starbucks.
Starbucks announced last month that it plans to open 55,000 stores worldwide by , up from 38,000 currently. What is CosMc? McDonald's President and CEO Chris Kempczinski said CosMc's is designed to fill a gap in sales the company sees in the mid-afternoon. CosMc's is designed to fill a gap in sales the company sees mid-afternoon. Illustrative photo: Juan Mabromata AFPCosMc's is designed to fill a gap in sales the company sees mid-afternoon. Illustrative photo: Juan Mabromata AFP But the complexity of the drinks you will offer. -like a pear-flavored granita churro frappe or a turmeric latte makes it impossible to fit into their current restaurants. CosMc's, which takes its name from an alien character McDonald's introduced in the '80s, will also serve snacks like pretzel bites and Egg McMuffins.