McDonald's announces $8.5 billion modernization plan at investor day
2 Yesterday 8:40 AM · 16h ago · 1 article · 1 source · development 2 of 2
At its Chicago headquarters investor day, McDonald's detailed McDonald's > NEXT, committing $8.5 billion through 2036 to franchisees for restaurant upgrades, technology deployment, and operational improvements, with approximately $5 billion flowing by 2030 as rent relief and direct capital contributions.
“McDonald's has the unmatched scale, customer insights, brand loyalty, and operational capabilities to not only adapt to the next wave of change in our industry, but to turn it into an advantage.”
Chris Kempczinski
Chris Kempczinski Chairman and CEO, McDonald'sMcDonald's Global fast-food corporation
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What was reported 5 claims about this development
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first by CP24, 13h ago · also Boston Globe, Chicago Tribune, Denver Post, Orlando Sentinel, Baltimore Sun, Mercury News +2
2 more headlines
- McDonald’s plans $8.5 billion modernization by 2036 Boston Globe · 12h ago
- More tech and hand-breaded chicken coming to McDonald's as part of $8.5 billion modernization push Philadelphia Inquirer · 8h ago
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first by Yahoo Finance, 16h ago · also WSJ
1 more headline
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first by Quartz, 16h ago · also Business Insider
1 more headline
- McDonald's is spending $8.5 billion on restaurant refreshes and bringing diners back Business Insider · 15h ago
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first by Yahoo Finance, 11h ago
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first by Yahoo Finance, 16h ago
All 2 developments of McDonald's unveils $8.5B plan to modernize restaurants and… →
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