US EditionMcDonald’s Plans to Open Thousands of New Restaurants This Year
3 Articles
3 Articles
McDonald’s Plans to Open Thousands of New Restaurants This Year
If there isn't already a McDonald's on every corner in your part of the country, that may change soon. The fast-food giant announced on Feb. 5 that it plans to open more than 2,100 restaurants all over the world in 2024. Of those openings, about 500 will be located in the United States and McDonald's International Operated Markets (IOM), which include countries like France, Canada, and Australia. The United States and IOM are areas where McDonal…
McDonald's had a “very good 2023 in China” and is “seeing strong growth” in this market where it has 5,500 restaurants and aims to exceed 10,000 by 2028.
At a conference with analysts, the company's executive president, Chris Kempczinski, said that McDonald's had a “very good 2023 in China” and that, despite pressure on consumer confidence due to the macroeconomic environment, it is “seeing strong growth” in the Chinese market. “We will do what we have to do to maintain our competitiveness in this market,” said Kempczinski, who added that McDonald's will seek opportunities in areas where it is no…
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
