Consumer
McDonald’s Targets 50,000 Restaurants in Expansion Blitz
- Most new stores will be in international licensed markets
- Company also seeks to boost loyalty members to 250 million
A customer enters a McDonald's restaurant in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
McDonald’s Corp. is looking to hit 50,000 locations around the world by 2027 in what the company calls the fastest expansion spurt in its history.
The chain currently has more than 41,000 restaurants and already committed to opening an extra 2,000 by the end of this year. The new target highlights the burger giant’s stepped-up ambitions as it looks for its next leg of growth.