McDonald’s announces strategic changes: Closing three CosMc’s locations and unveiling two new spots

McDonald’s announces strategic changes: Closing three CosMc’s locations and unveiling two new spots

A⁣ vibrant sign ⁤adorns the exterior of a cutting-edge CosMc’s eatery, ⁤a fresh concept introduced by McDonald’s, located in Bolingbrook, Illinois, as captured on Dec. 11, 2023.

Photographed by Scott Olson |‌ Getty Images

McDonald’s has ⁣made‌ the decision ⁢to⁢ close down three outlets ⁤of its innovative beverage-centric offshoot⁤ brand, CosMc’s.

In an effort to experiment with this new idea, the renowned fast-food ⁤chain unveiled its inaugural CosMc’s establishment over⁤ a year ago in the outskirts of‌ Chicago in Bolingbrook. This was followed ​by six additional​ locations in Texas. McDonald’s has repurposed ⁤larger flagship restaurants into CosMc’s venues​ and also ‌constructed smaller prototype stores.

The company revealed that ‌the compact stores have shown more promise during testing. Consequently, McDonald’s will ​be shutting down ​three of its larger-scale CosMc’s branches while launching two more petite eateries in Texas. Although specific details regarding these closures‍ and openings were ⁣not disclosed ⁣by the‍ company,‍ information on CosMc’s website hints at ​an upcoming​ store in Allen, Texas.

On Thursday, McDonald’s also divulged some initial insights gained from this trial phase. Notably,…

2025-01-10 20:45:11
Original content available at www.cnbc.com

Exit mobile version