McDonald's McDonald's Corporation (MCD)
McDonald's Corporation (MCD) History Encyclopedia
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On October 5, 1902, Ray Crocker, the founder of McDonald's, was born in Chicago, Illinois. -
In 1903, hamburgers that Americans knew well were introduced at the St. Louisiana Purchase Fair in Missouri. -
In 1940, Richard McDonald and Maurice McDonald created the "Dick and Mac McDonald" restaurant in San Bernardino, California, the United States, which is the prototype of McDonald's restaurant today. -
In 1948, the restaurant introduced the principle of "fast service system", referred to as "fast restaurant". -
In 1955, Chief Executive Ray Kroc opened the first McDonald's restaurant in Des Plains, Illinois, with the franchise, which was also the ninth branch of the company. The turnover of the first day is 366.12 dollars. -
In 1960, Ray Kroc officially changed the name of "Dick and Mac McDonald's" restaurant to "McDonald's". -
In 1961, Ray Crocker bought the McDonald Brothers' restaurant for 2.7 million dollars. Hamburger University was established in Elk Grove Village, Illinois, to provide special training for McDonald's managers around the world. -
In 1962, McDonald's sold its billionth hamburger, and Ronald McDonald's uncle made his debut in Washington. -
In 1967, McDonald's opened its first international restaurant in Canada. -
In 1968, when the "Big Mac" was launched, McDonald's established its international business department. -
In 1972, McDonald's assets reached $1 billion. -
In 1973, the first McDonald's Uncle's House was established in Philadelphia, Pennsylvania. McDonald's Uncle's House is specially set up for families of children receiving treatment for cancer or other fatal diseases. -
In 1977, McDonald's officially added a variety of packages to its restaurants nationwide. In 1980, the 25th anniversary of McDonald's establishment, McDonald's opened its 1000th international restaurant in Hong Kong, and its international turnover exceeded 1 billion dollars for the first time. -
The 50th hamburger sold in 1984; Ray Crocker, founder of McDonald's, died at the age of 81; In memory of Ray Crocker, the company established the McDonald's Uncle Children's Charity Fund, which aims to fund various children's programs, covering medical care, medical research education Art, Citizenship and Social Services. -
In 1988, the 10000th McDonald's restaurant was established. -
In 1990, McDonald's opened its first restaurant in mainland China (Shenzhen) and the Soviet Union (Moscow). -
On March 4, 2015, McDonald's America announced that it would gradually stop purchasing chicken products that used certain human antibiotics in the feeding process. However, this plan is only implemented in 14000 restaurants in the United States, which will not affect McDonald's more than 20000 restaurants overseas, including China. -
As of December 31, 2015, McDonald's had 36525 restaurants worldwide, including 30081 franchised restaurants, 21147 traditional franchised restaurants, 5529 development license holders, and 3405 foreign subsidiaries; And 6444 companies operating (self operated) restaurants. -
In December 2016, McDonald's sold its business in China to CITIC With the alliance invested by the United States, McDonald's China has come to an end. Since then, McDonald's China has only been the brand licensor of McDonald's (not even the franchisee). After KFC, another world-class fast food company has withdrawn from the Chinese market. -
On January 9, 2017, CITIC Capital announced the establishment of a new company with CITIC Capital, Carlyle Investment Group and McDonald's, which will become the main franchisee of McDonald's in mainland China and Hong Kong in the next 20 years. -
On August 8, 2017, McDonald's completed the operation reform of McDonald's in mainland China and Hong Kong. McDonald's business in China mainland and Hong Kong will be entrusted to the newly established McDonald's China, and the new company will be jointly held by CITIC Shares and CITIC Capital (52% in total), Carlyle Investment (28%) and McDonald's (20%). -
In August 2017, the company name of McDonald's Hong Kong was changed from "McDonald's Hong Kong Limited" or "McDonald's Restaurants (Hong Kong)" to "MHK Restaurants Limited" or "MHK Restaurants Limited (a McDonald's Franchised Business)". -
As of 2018, McDonald's has served more than 69 million customers every day in 37855 stores in more than 100 countries. -
In 2019, McDonald's acquired Dynamic Yield, a personalized technology company, for $300 million, and Mobile for $3.7 million Software 9.9% shares of Plexure. -
In 2019, McDonald's opened the world's smallest bee restaurant, McHive. -
On September 10, 2019, McDonald's acquired Apprente, an American start-up that specializes in artificial intelligence Provide customer service. -
By 2019, McDonald's had operated 38695 restaurants worldwide. -
In March 2020, due to Covid-19 McDonald's suspended breakfast service during the pandemic. -
On March 8, 2022, McDonald's announced that it would suspend its operations in all 850 locations in Russia to deal with Russia invades Ukraine 。 The move came after other Western companies made similar decisions and pressure from critics. -
On May 16, 2022, McDonald's announced its withdrawal from the Russian market. -
On May 27, 2022, McDonald's stores in Russia were sold to Alexander Govor, a businessman who runs chain business. Later, the company replaced the logo of the original McDonald's store in Russia with its own logo (there is a red circle and two orange lines on the green background, representing a hamburger and two French fries), and renamed it "only delicious" (Russian: Вкусно и точка）。 "Only Delicious" reopened on June 13, 2022, and the number of food provided has decreased. -
As of December 31, 2021, McDonald's operates 40031 restaurants. -
On November 20, 2023, McDonald's (MCD) announced on Monday that it had agreed to acquire carlyle group (CG) A minority stake in a strategic partnership that operates and manages McDonald's business in mainland China, Hong Kong and Macao. -
In February 2024, Chris Kempczinski, the global president and CEO of McDonald's, said that 1000 new stores would be opened in China this year to expand its business in China's second tier cities. The goal is to have 10000 restaurants in China by the end of 2028.
McDonald's McDonald's Corporation (MCD) US equity investment
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