Maccas (MCD) big expansion plans · Invest & Retire Community

Maccas (MCD) big expansion plans

I saw this article recently. It is sounding positive for the growth of McDonalds. - "McDonald’s is gearing up for its "fastest period of growth" in the Big Mac maker’s history, unveiling plans to open a staggering 10,000 new stores globally by 2027, which would bring its total restaurant tally to 50,000.If you live in the States, there might be a new McDonald’s coming to your town — with 900 new stores slated for the US — but the primary focus for the expansion is in its developmental markets like China, India, Japan, and Brazil. In these regions, Mickey D's is planning 7,000 new restaurants, with over half earmarked for China. For some perspective: it took 33 years from opening the first modern-day McDonald's to hitting 10,000 stores, and two decades to go from 30,000 to 40,000. At a rate of roughly 2,000 stores per year, these new plans will see a McDonald’s opening somewhere around the world every 4 hours and 23 minutes."

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