McDonald’s Plots Rapid Growth With 10,000 New Stores, Loyalty Expansion

McDonald’s Plots Rapid Growth With 10,000 New Stores, Loyalty Expansion
A Deliveroo rider stands beside a bicycle outside a McDonald's restaurant in London on Dec. 10, 2021. May James/Reuters
Reuters
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McDonald’s is planning to open about 10,000 restaurants globally by 2027, in what could be the fast-food giant’s fastest period of growth in its history, it said on Wednesday.

The company also laid out plans to double sales from its loyalty program to $45 billion and increase the user base to 250 million customers by 2027. The program currently has 150 million users, generating over $20 billion in annual system-wide sales.