McDonald's Unveils Ambitious Expansion Plans with CosMc's Chain and Loyalty Program
TL;DR Summary
McDonald's is testing a new restaurant format called CosMc's, which aims to attract afternoon snackers and compete with chains like Starbucks and Dunkin'. The company plans to open 10 CosMc's restaurants, offering customizable drinks and treats, and will study the results before deciding on further expansion. McDonald's also announced plans to open nearly 10,000 restaurants worldwide over the next four years, reaching a total of 50,000 restaurants. The company is focusing on menu innovation, delivery services, and new technology partnerships to drive growth.
- McDonald's testing new CosMc's chain following an unprecedented global expansion The Associated Press
- McDonald's plans 10,000 new restaurants by 2027 Reuters
- McDonald's has big plans for its loyalty program, technology and store growth - Chicago Business Journal The Business Journals
- McDonald's global plans include expanding to 50,000 restaurants by 2027 | World Business News WION
- McDonald's to launch new CosMc's chain in bid to compete with Starbucks Sky News
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