McDonald's Corporation Announces Expansion Program
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12/11/2023 |
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At a recent Investor Day event, McDonald’s announced a goal of 50,000 restaurants in operation by 2027. This will require at least 1,000 system-wide openings above the current 40,000 locations.
McDonald's intends to expand the existing loyalty program that currently has 150 participants using a mobile app. to order meals. This program will be expanded by an additional 100 million participants by 2027 generating sales of $50 billion annually with up to 30 percent of orders through this channel.
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To facilitate the program that also envisages an improved customer experience. McDonald’s will deploy generative artificial intelligence and cloud technology globally.
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