McDonald’s plans $8.5 billion investment in restaurant upgrades
publishers 3articles 3first reported 24 Sep, 09:00 UTCdeveloping since 24 Sep · 4 editions
McDonald’s has pledged $8.5 billion in investments aimed at helping franchisees and improving productivity across its restaurant network, according to reports from The Wall Street Journal, CNN and Fortune.
The initiative will focus on changes at McDonald’s existing locations, which number more than 46,000 worldwide. Fortune reported that the company is relying on those restaurants to drive growth as the pace of new-location expansion slows.
Further details about the planned changes and the timing of the investments were not disclosed in the reports.
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