How McDonald’s turned burgers and fries into a global fast- food empire
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With over 38,000 locations in more than 100 countries, McDonald’s (MCD) is a global icon in the fast food industry. In 2023, McDonald’s generated over $25 billion dollars in revenue, up nearly 10% compared to the year before. #youtube #food #news Let’s dive into the company’s biggest moments with Beyond the Ticker. 1940 The McDonald’s brothers, Dick and Maurice, opened the first McDonald’s restaurant on May 15, 1940, in San Bernardino, California. 1954-1955 Ray Kroc purchased the rights to franchise McDonald’s and opened the first franchised restaurant in Des Plaines, Illinois. 1955-1965 Kroc bought the brothers out, then developed its current model of owning the real estate that McDonald’s franchise […]