mcdvoice9-blog

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McDonald’s

The first McDonald’s restaurant was run by brothers Dick and Mac McDonald in San Bernardino, California. In 1954 Ray Kroc visited the restaurant and was so impressed by their efficiency of their operation that he pitched his vision of creating McDonald’s restaurants across the US. By 1958 McDonald’s had sold 100m hamburgers. Kroc once said of his four business goals: “If I had a brick for every time I’ve repeated the phrase Quality, Service, Cleanliness and Value, I’d probably be able to bridge the Atlantic Ocean with them.” 69 million customers are served every day There are now 36,258 McDonald’s restaurants in 119 countries, of which 29,544 are franchised Some 350 McDonald’s restaurants have been closed down so far this year - mostly in the US and China 32% of revenue comes from the US 40% of revenue comes from Europe - mostly from the UK, France, Russia and Germany 23% of revenue comes from Asia/Pacific, Middle East and Africa US sales slipped by 2.1% to $27.4bn (£17bn) in 2014 The number of customer visits declined more than 4% in the US last year McDonald’s has 420,000 employees More than 80,000 people have graduated from McDonald’s “Hamburger Universty” training centre on the outskirts of Chicago Previous McDonald’s CEO Don Thompson was paid $9m last year McDonald’s will pay $9.90 an hour to its 90,000 workers from July after months of protest over poverty wages paid by fast food chains. The current average hourly wage is $9.01

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few facts of McDonald’s

McDonald's is a fast food chain that was founded in 1940, by Maurice and Richard McDonald as a barbecue restaurant. By 1948 they had begun to operate with a production line and in 1953 the first franchised location opened. In 1955 a businessman named Ray Kroc joined the McDonald's team and later bought the chain. When McDonald's first opened in 1940 they served hot dogs, not hamburgers. Today the chain can be found in 120 countries around the world, in over 36,899 locations. It is estimated that the franchises and company owned stores together employ over 375,000 people. Interesting McDonalds Facts: It is rumored that the original founders of McDonald's sold the chain to Ray Kroc because of his aggressive business tactics. There were more than 100 billion hamburgers sold at McDonald's locations around the world by 1993. More than 70% of sales at McDonald's in the United States are through the drive-through windows. The Caesar salad at McDonald's contains more fat than the hamburger. Over 68 million people eat at a McDonald's every single day. Thanks to the Happy Meal, McDonald's is considered the largest toy distributor in the world. More people around the world are able to recognize the golden arches that represent McDonald's than they are able to recognize the cross. Although McDonald's is a large chain, Subway is the largest in the world. An average employee at McDonald's must work for seven months to make what a CEO does in only one hour. McDonald's has Hamburger University, offering a bachelor's degree in hamburgerology. More than 80,000 people have graduated. No matter where one is located in the United States, they are always within 115 miles of a McDonald's. After consuming a Big Mac, French fries, and a super-sized pop one would have to walk for seven hours to burn off the calories. An individual in India would have to work for 6 hours in order to earn enough to buy a Big Mac. Of all the sesame seeds grown in Mexico, roughly 75% of them are found on hamburger buns at McDonald's. McDonald's French fries account for roughly 7% of the potatoes grown in the United States. Bill Gates, founder of Microsoft, has a McDonald's gold card which entitles him to free food at the chain. In some countries you can buy beer at McDonald's, including the Netherlands, Spain, Austria, Germany, and France.

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facts of McDonald’s

McDonald's restaurants are found in 120 countries and territories around the world and serve 68 million customers each day. McDonald's operates 37,855 restaurants worldwide, employing more than 210,000 people as of the end of 2018. There are currently a total of 2,770 company-owned locations and 35,085 franchised locations, which includes 21,685 locations franchised to conventional franchisees, 7,225 locations licensed to developmental licensees, and 6,175 locations licensed to foreign affiliates.

Focusing on its core brand, McDonald's began divesting itself of other chains it had acquired during the 1990s. The company owned a majority stake in Chipotle Mexican Grill until October 2006, when McDonald's fully divested from Chipotle through a stock exchange. Until December 2003, it also owned Donatos Pizza, and it owned a small share of Aroma Café from 1999 to 2001. On August 27, 2007, McDonald's sold Boston Market to Sun Capital Partners.

Notably, McDonald's has increased shareholder dividends for 25 consecutive years, making it one of the S&P 500 Dividend Aristocrats. The company is ranked 131st on the Fortune 500 of the largest United States corporations by revenue. In October 2012, its monthly sales fell for the first time in nine years. In 2014, its quarterly sales fell for the first time in seventeen years, when its sales dropped for the entirety of 1997.

In the United States, it is reported that drive-throughs account for 70 percent of sales. McDonald's closed down 184 restaurants in the United States in 2015, which was 59 more than what they planned to open.This move was also the first time McDonald's had a net decrease in the number of locations in the United States since 1970.

The McDonalds on-demand delivery concept, which began in 2017 with a partnership with Uber Eats and added DoorDash in 2019, now accounts for up to 3% of all business as of 2019.

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History of McDonald’s

The siblings Richard and Maurice McDonald opened the first McDonald's at 1398 North E Street at West 14th Street in San Bernardino, California  on May 15, 1940, but it was not the McDonald's recognizable today; Ray Kroc made changes to the brothers' business to modernize it. The brothers introduced the "Speedee Service System" in 1948, putting into expanded use the principles of the modern fast-food restaurant that their predecessor White Castle had put into practice more than two decades earlier.[citation needed] The original mascot of McDonald's was a chef hat on top of a hamburger who was referred to as "Speedee". In 1962, the Golden Arches replaced Speedee as the universal mascot. The symbol, Ronald McDonald, was introduced in 1965. The clown, Ronald McDonald, appeared in advertising to target their audience of children.

On May 4, 1961, McDonald's first filed for a U.S. trademark on the name "McDonald's" with the description "Drive-In Restaurant Services", which continues to be renewed. By September 13, McDonald's, under the guidance of Ray Kroc, filed for a trademark on a new logo—an overlapping, double-arched "M" symbol. But before the double arches, McDonald's used a single arch for the architecture of their buildings. Although the "Golden Arches" logo appeared in various forms, the present version was not used until November 18, 1968, when the company was favored a U.S. trademark.

The present corporation credits its founding to franchised businessman Ray Kroc in on April 15, 1955. This was in fact the ninth opened McDonald's restaurant overall, although this location was destroyed and rebuilt in 1984. Kroc later purchased the McDonald brothers' equity in the company and begun the company's worldwide reach. Kroc was recorded as being an aggressive business partner, driving the McDonald brothers out of the industry.

Kroc and the McDonald brothers fought for control of the business, as documented in Kroc's autobiography. The San Bernardino restaurant was eventually torn down (1971, according to Juan Pollo) and the site was sold to the Juan Pollo chain in 1976. This area now serves as headquarters for the Juan Pollo chain, and a McDonald's and Route 66 museum. With the expansion of McDonald's into many international markets, the company has become a symbol of globalization and the spread of the American way of life. Its prominence has also made it a frequent topic of public debates about obesity, corporate ethics, and consumer responsibility.

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McDonald’s

McDonald's Corporation is an American fast food company, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had its original headquarters in Oak Brook, Illinois, but moved its global headquarters to Chicago in early 2018.

McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries across 37,855 outlets as of 2018. Although McDonald's is best known for its hamburgers, cheeseburgers and french fries, they also feature chicken products, breakfast items, soft drinks, milkshakes, wraps, and desserts. In response to changing consumer tastes and a negative backlash because of the unhealthiness of their food, the company has added to its menu salads, fish, smoothies, and fruit. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to two reports published in 2018, McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees).