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Type Public (NYSEMCD)
Industry Restaurants
When it was created May 15, 1940 in San Bernardino, California
McDonald's Corporation, 1955 in Des Plaines, Illinois
People who started it

McDonald's - Richard and Maurice McDonald

McDonald's Corporation - Ray Kroc
Headquarters Oak Brook, Illinois, USA
Number of locations 35,000+ worldwide[1]
Area served Worldwide
Key people James A. Skinner
(Chairman) & (CEO)
Things made Fast Food
(hamburgers • chicken • french fries • soft drinks • milkshakes • salads • desserts • breakfast)
Money earned Increase US$ 22.79 billion (2007)[2]
Operating income Decrease US$ 3.879 billion (2007)[2]
Net income Decrease US$ 2.359 billion (2007)[2]
Total assets Increase US$ 29.391 billion (2007)
Total equity Decrease US$ 15.279 billion (2007)
Employees 390,000 (2008)[2]
McDonald's Plaza, the main office of McDonald's
McDonald's Kosher in Buenos Aires (Argentina)

McDonald's is the second largest chain of fast food restaurants in the world.[3] They mainly serve hamburgers, cheeseburgers, chicken products, French fries, breakfast items, soft drinks, milkshakes and desserts. They also have options such as salads, apples, milk, and Snack Wraps on the menu. McDonald's was founded by Richard and Maurice McDonald. It was later bought by Ray Kroc.

History[change | change source]

A McDonald's restaurant in Austin, Minnesota, United States (2006)

McDonalds was started by Ray Kroc in Des Plaines, Illinois. Kroc had bought the previous company from Richard and Maurice (Mac) McDonald, who opened their restaurant in 1940. The first restaurant was on Route 66 in San Bernardino, California.[4]

Size of company[change | change source]

McDonald's is the world's second largest fast food chain and a worldwide corporation.[5] It is second only to Subway.[3] McDonald's can be found in 119 countries and territories around the world. They serve almost 54 million people each day. More McDonald's food is sold in the United States than in any other area, which means that it is McDonald's largest market. Europe is McDonald's second largest market..[6] The restaurants are either operated directly by McDonalds or more often by a franchisee,[7] where the business is owned and operated by someone else to the standards set by McDonald's and with support from the McDonald's company. The company provides a central source of supply for food items and standardized menu.[4]

Criticism[change | change source]

In 2014, McDonald's in Europe used chicken meat which was produced by using genetically modified animal feed, which it had not done since 2001. Greenpeace states that McDonald's saves less than one Eurocent for each Chickenburger and goes down a path not desired by its customers.[8]

Mascot[change | change source]

The McDonald's mascot is Ronald McDonald

Locations[change | change source]

McDonald's has restaurants in the following countries:

References[change | change source]

Other websites[change | change source]