|Public (NYSE: MCD)|
|Founded||May 15, 1940 in San Bernardino, California|
McDonald's Corporation, 1955 in Des Plaines, Illinois
|Founder||McDonald's Richard and Maurice McDonald McDonald's Corporation Ray Kroc|
Number of locations
|James A. Skinner|
(Chairman) & (CEO)
(hamburgers • chicken • french fries • soft drinks • milkshakes • salads • desserts • breakfast)
|Revenue||US$ 22.79 billion (2007)|
|US$ 3.879 billion (2007)|
|US$ 2.359 billion (2007)|
|Total assets||US$ 29.391 billion (2007)|
|Total equity||US$ 15.279 billion (2007)|
Number of employees
McDonald's has over 36,000 stores in 119 countries and territories, the second-most stores out of all fast food chains worldwide behind only the submarine sandwich chain Subway. They serve almost 54 million people each day.
The first McDonald's restaurant was opened by Richard and Maurice (Mac) McDonald in 1940. It was located on Route 66 in San Bernardino, California. The McDonald brothers later sold their company to Ray Kroc in Des Plaines, Illinois.
McDonald's restaurants mainly serve hamburgers, cheeseburgers, chicken nuggets, burgers, french fries, breakfast items, soft drinks, milk shakes and desserts. They also have options such as salads, apples, milk, and Snack Wraps on the menu. And kids meals are available too.
More McDonald's food is sold in the United States than in any other area, which means that it is McDonald's largest market. Europe is McDonald's second largest market. The restaurants are either operated directly by McDonalds or more often by a franchisee, where the business is owned and operated by someone else to the standards set by McDonald's and with support from the McDonald's company. The company provides a central source of supply for food items and standardized menu.
McDonald's used to make their fries in beef tallow. People liked the flavor the tallow gave to the fries. Criticisms about its high saturated fat content have came up in late 80s. In 1990, McDonald's switched to using vegetable oil.
In 2014, McDonald's in Europe used chicken meat which was produced by using genetically modified animal feed, which it had not done since 2001. Greenpeace states that McDonald's saves less than one Eurocent for each Chickenburger and goes down a path not desired by its customers.
Also, McDonald’s menu has now become a semi-icon as in a menu that has like a chicken burger. If that chicken burger looked different from the menu’s picture, that menu would be called “An McDonalds menu” as McDonalds has a small but strong reputation on having pictures on the menu that looks completely different from the actual thing.
McDonald's has restaurants in the following countries:
- Barbados (No longer operates)
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Iceland (No longer operates)
- Iran (No longer operates)
- North Macedonia (No longer operates)
- New Zealand
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- United Arab Emirates
- United Kingdom
- United States
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