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McDonald s is struggling with consumers moving over to grocery

CEO Chris Kempczinski said these consumers are likely opting to eat at home as grocery/supermarket inflation has cooled faster than food-away-from-home

Alicia kelsoIan bordenChris kempczinskiInternational developmentalInternational operatedInternational developmental licensedMiddle eastMiddle easternVone mcdonaldInternational operated marketsOperated marketsDevelopmental licensed markets

McDONALD S ANNOUNCES NEW TARGETS FOR DEVELOPMENT, LOYALTY MEMBERSHIP, AND CLOUD TECHNOLOGY

/PRNewswire/ Today McDonald s Corporation announces ambitious new growth targets to advance its Accelerating the Arches strategy..

United statesMcdonald genSundar pichaiChris kempczinskiIan bordenCompany internetUpcoming communicationsMcdonald corporationInternational operatedPrnewswire today mcdonald corporationD developmentGoogle cloudBrand mcdonaldChief executive officer chrisDrive thruRaise your arches

McDonald s (MCD) Announces New Targets For Development, Loyalty Membership, And Cloud Technology

McDonald s (MCD) Announces New Targets For Development, Loyalty Membership, And Cloud Technology
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Ian bordenSundar pichaiChris kempczinskiMcdonald genMcdonald corporationCompany internetInternational operatedD developmentToday mcdonaldBrand mcdonaldChief executive officerDrive thruRaise your archesBig macQuarter pounderChicken mcnuggets

McDONALD S ANNOUNCES NEW TARGETS FOR DEVELOPMENT, LOYALTY MEMBERSHIP, AND CLOUD TECHNOLOGY

Targeting 50,000 restaurants by 2027; ushering in fastest period of growth in brand s historyExpanding one of the world s largest loyalty programs from 150 million to 250 million 90-day active users.

United statesChris kempczinskiSundar pichaiMcdonald genIan bordenExchange commissionUpcoming communicationsD developmentInternational operatedCompany internetMcdonald corporationPrnewswire today mcdonald corporationGoogle cloudBrand mcdonaldChief executive officer chrisDrive thru

McDONALD S REPORTS THIRD QUARTER 2023 RESULTS

/PRNewswire/ McDonald s Corporation today announced results for the third quarter ended September 30, 2023. "With global Systemwide sales growth of 11%, our.

United statesChris kempczinskiInternational developmental licensedMcdonalds corporationCompany formInternational operatedMcdonald corporationExchange commissionPrnewswire mcdonald corporationInc decCompany internetInternational developmental licensed markets corporateGlobal systemwideChief executive officerOperated marketsDevelopmental licensed markets