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McDonald’s Corporate Wiki/Bio
McDonald’s Corporation is an American fast food corporation that was started in 1940 as a restaurant in San Bernardino, California, by Richard and Maurice McDonald. They renamed their business a hamburger stand and eventually converted it into a franchise, with the Golden Arches emblem first appearing in 1953 at a Phoenix, Arizona site. Ray Kroc, a businessman, joined the company as a franchise agent in 1955 and went on to buy the McDonald brothers’ franchise. McDonald’s used to be headquartered in Oak Brook, Illinois, but in June 2018, the company relocated its worldwide headquarters to Chicago. McDonald’s is the world’s most profitable restaurant company, with over 69 million customers served daily in over 100 countries and 37,855 locations as of 2018. McDonald’s is most known for their hamburgers, cheeseburgers, and french fries, but they also provide chicken, breakfast, soft drinks, milkshakes, wraps, and desserts. The company has introduced salads, fish, smoothies, and fruit to its menu in response to shifting consumer tastes and a negative criticism over the unhealthiness of their cuisine. Rent, royalties, and fees paid by franchisees, as well as sales in company-operated restaurants, provide revenue to the McDonald’s Corporation. McDonald’s, with 1.7 million employees, is the world’s second-largest private employer, according to two reports released in 2018. (behind Walmart with 2.3 million employees). McDonald’s has the ninth-highest worldwide brand worth as of 2020.
Richard and Maurice McDonald, two brothers, founded the first McDonald’s on May 15, 1940, at 1398 North E Street and West 14th Street in San Bernardino, California (at 34.1255°N 117.2946°W). In 1948, the brothers created the “Speedee Service System,” expanding on the concepts of the contemporary fast-food restaurant pioneered by their forerunner White Castle more than two decades before. [requires citation] The first McDonald’s mascot was “Speedee,” a chef hat on top of a hamburger. The Golden Arches took over as the worldwide mascot in 1962, replacing Speedee. Ronald McDonald, the clown mascot, was first presented in 1965. He featured in advertisements to target their demographic. McDonald’s initially applied for a United States trademark on the term “McDonald’s” with the description “Drive-In Restaurant Services” on May 4, 1961, which has since been renewed. By September 13, McDonald’s had applied for a trademark on a new logo—an overlapping, double-arched “M” symbol—under the direction of Ray Kroc. McDonald’s, on the other hand, used a single arch for the architecture of its buildings prior to the twin arches. The current version of the “Golden Arches” emblem was not used until November 18, 1968, when the business was granted a United States trademark. According to Kroc’s memoirs, he and the McDonald brothers struggled for control of the company. In 1971, the San Bernardino restaurant was demolished, and the property was sold to the Juan Pollo company in 1998. The Juan Pollo headquarters, as well as a McDonald’s and a Route 66 museum, are all located in this neighbourhood. McDonald’s has become a symbol of globalisation and the extension of the American way of life as it has expanded into many other countries. Because of its notoriety, it is frequently brought up in public debates about obesity, business ethics, and consumer responsibility.
McDonald’s restaurants serve 68 million people per day in 120 countries and territories across the world. As of the end of 2018, McDonald’s had 37,855 outlets throughout the world, employing over 210,000 employees. There are 2,770 company-owned stores and 35,085 franchised sites, including 21,685 conventional franchisee sites, 7,225 developmental licensee sites, and 6,175 international affiliate sites. McDonald’s began divesting itself of other franchises it had purchased throughout the 1990s in order to focus on its core brand. McDonald’s had a majority share in Chipotle Mexican Grill until October 2006, when the firm completed a stock exchange divestiture. It owned Donatos Pizza until December 2003, and from 1999 to 2001, it held a minority stake in Aroma Café. McDonald’s sold Boston Market to Sun Capital Partners on August 27, 2007. McDonald’s is one of the S&P 500 Dividend Aristocrats since it has grown shareholder dividends for 25 years in a row. On the Fortune 500 list of the biggest US businesses by revenue, the firm is placed 131st. Its month in 2012 was October. McDonald’s on-demand delivery concept, which debuted in 2017 with a collaboration with Uber Eats and expanded to include DoorDash in 2019 (with certain locations adding Grubhub in 2021), now accounts for up to 3% of total sales. McDonald’s company-owned and franchise restaurants earned $100 billion in sales in 2019, accounting for about 4% of the total $2.5 trillion global restaurant sector. The firm owns all of the property on which its restaurants are built, which is worth between $16 and $18 billion. Rental payments from franchisees account for a major percentage of the company’s revenue. Between 2010 and 2015, rent payments increased by 26%, accounting for one-fifth of the company’s total revenue at the end of the period. There have been demands to spin off the firm’s U.S. holdings into a possible real estate investment trust in recent years, but the firm declared on November 10, 2015, that this will not happen. According to CEO Steve Easterbrook, adopting the REIT option would be too risky for the company’s operations.
McDonald’s announced intentions to relocate its worldwide headquarters to Chicago’s West Loop area in the Near West Side on June 13, 2016. The 608,000-square-foot building, which was erected on the former site of Harpo Productions, opened on June 4, 2018. (where The Oprah Winfrey Show and several other Harpo productions taped). McDonald’s Plaza, the old headquarters facility, is located in Oak Brook, Illinois. It stands on the site of Paul Butler, the creator of Oak Brookprevious ,’s offices and stables. In 1971, McDonald’s relocated from a Chicago Loop office to the Oak Brook location. Burgers, various varieties of chicken, chicken sandwiches, French fries, soft drinks, breakfast dishes, and desserts are the most popular products sold at McDonald’s. McDonald’s provides salads, vegetarian options, wraps, and other regional specialties in most markets. McDonald’s serves the McRib sandwich on a seasonal basis. Some think that the McRib’s seasonality contributes to its popularity. Products are available as “dine-in” (where the client chooses to eat in the restaurant) or “take-out” (where the customer chooses to eat elsewhere) (where the customer opts to take the food off the premises). Meals for “dine-in” are served on a plastic tray with a paper insert on the tray’s floor. McDonald’s “take-out” meals are generally supplied in a brown paper bag with the McDonald’s logo on it. Individual products are wrapped or packaged as needed in both situations. McDonald’s has simplified its menu, which formerly featured over 200 products in the United States, since Steve Easterbrook took over as CEO. High-fructose corn syrup was eliminated from hamburger buns as part of the company’s effort to provide healthier choices. Artificial preservatives have been eliminated from Chicken McNuggets, with pea starch, rice starch, and powdered lemon juice replacing chicken skin, safflower oil, and citric acid.
|McDonald’s Corporate Contact Address, Phone Number, Email ID, Website|
|Phone Number||Not Known|
|House address (residence address)||Chicago, Illinois, United States|
McDonald’s Corporate Contact Details
McDonald’s Corporate Contact Details: NA
McDonald’s Corporate Address: Chicago, Illinois, United States
McDonald’s Corporate Phone Number: NA
McDonald’s Corporate Whatsapp Number: NA
McDonald’s Corporate Office Email ID: NA
McDonald’s Corporate Social Profiles
McDonald’s Corporate Facebook Fan Page: https://www.facebook.com/McDonalds/
McDonald’s Corporate Twitter Handle: https://twitter.com/McDonaldsCorp?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
McDonald’s Corporate Instagram Profile: https://www.instagram.com/mcdonaldscorp/?hl=en
McDonald’s Corporate Snapchat Profile: NA
McDonald’s Corporate YouTube Channel: https://www.youtube.com/channel/UCNQq5T_iBwM6zi2_lOGPnGA