Current:Home > NewsMcDonald’s burger empire set for unprecedented growth over the next 4 years with 10,000 new stores-Angel Dreamer Wealth Society D1 Reviews & Insights
McDonald’s burger empire set for unprecedented growth over the next 4 years with 10,000 new stores
View Date:2024-12-23 16:48:49
McDonald’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.
veryGood! (19)
Related
- Forget the bathroom. When renovating a home, a good roof is a no-brainer, experts say.
- Shooting of San Francisco 49ers rookie renews attention on crime in city as mayor seeks reelection
- Trial begins in Florida for activists accused of helping Russia sow political division, chaos
- Bears 'Hard Knocks' takeaways: Caleb Williams shines; where's the profanity?
- 'Dangerous and unsanitary' conditions at Georgia jail violate Constitution, feds say
- Nebraska Supreme Court will hear lawsuit challenging measure to expand abortion rights
- The Daily Money: No diploma? No problem.
- World pumps out 57 million tons of plastic pollution yearly and most comes in Global South
- Opinion: Chris Wallace leaves CNN to go 'where the action' is. Why it matters
- Jada Pinkett Smith Goes Private on Instagram After Cryptic Message About Belonging to Another Person
Ranking
- Voyager 2 is the only craft to visit Uranus. Its findings may have misled us for 40 years.
- Kentucky high school student, 15, dead after she was hit by school bus, coroner says
- Mayor condemns GOP Senate race ad tying Democrat to Wisconsin Christmas parade killings
- Civil rights activist Sybil Morial, wife of New Orleans’ first Black mayor, dead at 91
- New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
- Eli Manning Shares What Jason Kelce Will Have Over Him As An NFL Commentator
- USC winning the Big Ten, Notre Dame in playoff lead Week 1 college football overreactions
- Iowa Lt. Gov. Adam Gregg resigns ‘to pursue a career opportunity,’ governor says
Recommendation
-
Beyoncé nominated for album of the year at Grammys — again. Will she finally win?
-
Arkansas judge convicted of lying to feds about seeking sex with defendant’s girlfriend
-
It's Beyoncé's birthday: 43 top moments from her busy year
-
US job openings fall as demand for workers weakens
-
Katherine Schwarzenegger Gives Birth, Welcomes Baby No. 3 With Chris Pratt
-
The Reason Jenn Tran and Devin Strader—Plus 70 Other Bachelor Nation Couples—Broke Up After the Show
-
What to know about Arielle Valdes: Florida runner found dead after 5-day search
-
'I thought we were all going to die': Video catches wild scene as Mustang slams into home