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McDonald’s to open 1,900 locations in 2023

McDonald’s plans to open 1,900 new locations in 2023. More than 400 will be in the U.S. and its international markets, including Germany, Canada, France, Australia, Canada, and the UK, Yahoo Finance reports. The remaining 1,500 will be in developmental licensee and affiliate markets, including 900 in China.

McDonald’s plans to invest about USD 1 billion in new openings, according to information provided by CFO and EVP Ian Borden. “Overall, we anticipate over 4% unit growth from about 1,500 net restaurant additions in 2023. We expect this will contribute, along with restaurants opened in 2022, nearly 1.5% to systemwide sales growth,” Yahoo Finance quotes Borden.

Photo: Mcdonald’s social media