Current:Home > Contact-usMcDonald's is opening a new chain called CosMc's. Here are the locations and menu.-InfoLens
McDonald's is opening a new chain called CosMc's. Here are the locations and menu.
View Date:2024-12-23 16:38:13
McDonald's said it is opening a new chain called CosMc's that will focus on coffee and other drinks, a step that is viewed as a challenge to Starbucks and Dunkin' as the fast-food giant seeks to boost afternoon sales.
The company said it will open its first CosMc's location in Illinois this month, with plans to open additional restaurants in 2024.
The rationale for the restaurant stems for the growing demand for an "afternoon beverage pick-me-up occasion," a $100 billion market where McDonald's currently isn't a strong presence, said McDonald's CEO Chris Kempczinski, speaking at an investor presentation on Wednesday. The new chain will allow the company to create customized beverages that are difficult for McDonald's restaurants to create, he added.
CosMc's concept is "what would happen if a McDonald's character from the 1980s that was part alien, part surfer, part robot" opened a restaurant in 2023, Kempczinski added.
What's on CosMc's menu?
The chain will include new customizable drinks and McDonald's favorites like the Egg McMuffin, the CEO noted.
Some of the coffee drinks that will be offered include a churro frappe, a s'mores cold brew and a tumeric-spiced latte, according to the company. CosMc's will also sell non-coffee beverages, including a sour cherry energy burst, a blackberry mint green tea and a popping pear slush.
The chain will also offer "sweet and savory treats," Kempczinski said. These include a spicy queso sandwich, a creamy avocado tomatillo sandwich, pretzel bites and caramel fudge brownies.
What kind of drink customizations will it have?
McDonald's said CosMc's will offer customizations including popping boba, flavor syrups and energy and Vitamin C shots.
Where are CosMc's locations?
The first location will be in Bolingbrook, Illinois, a suburb of Chicago, with about 10 additional locations set to open in Texas in 2024, Kempczinski told investors.
It's not clear yet whether CosMc's will expand beyond that. The company said it will study the results for at least a year before determining whether to add more locations.
Is McDonald's adding more of its own restaurants?
Yes, McDonald's plans to open about 10,000 new stores worldwide by 2027 in what it anticipates will be the "fastest period of growth" in its 60-year history, the company said Wednesday.
That comes as same-store sales jumped 8.1% in the third quarter, pushing the chain to speed up the pace of its restaurant openings.
—With reporting by the Associated Press.
- In:
- McDonald's
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.
TwitterveryGood! (777)
Related
- Kansas basketball vs Michigan State live score updates, highlights, how to watch Champions Classic
- South Carolina making progress to get more women in General Assembly and leadership roles
- No injuries when small plane lands in sprawling park in middle of Hawaii’s Waikiki tourist mecca
- Noisy Starbucks? Coffee chain unveils plans to dim cacophony in some stores
- California farmers enjoy pistachio boom, with much of it headed to China
- Officer shot before returning fire and killing driver in Albany, New York, police chief says
- Chiefs' Patrick Mahomes lands on cover for Time 100 most influential people of 2024
- Two best friends are $1 million richer after winning the Powerball prize in New Jersey
- Threat closes Spokane City Hall and cancels council meeting in Washington state
- Democrats who investigated Trump say they expect to face arrest, retaliation if he wins presidency
Ranking
- Democrat Cleo Fields wins re-drawn Louisiana congressional district, flipping red seat blue
- Tesla will ask shareholders to reinstate Musk pay package rejected by Delaware judge
- Carjacking suspects tied to 2 Florida killings on the run, considered armed and dangerous by authorities
- US court rejects a request by tribes to block $10B energy transmission project in Arizona
- How Kim Kardashian Navigates “Uncomfortable” Situations With Her 4 Kids
- Trump Media stock price fluctuation: What to know amid historic hush money criminal trial
- Honey Boo Boo's Mama June Shannon Shares She's Taking Weight Loss Injections
- Matthew Perry hailed for '17 Again' comedy chops: 'He'd figure out a scene down to the atoms'
Recommendation
-
Jax Taylor Breaks Silence on Brittany Cartwright Dating His Friend Amid Their Divorce
-
Teen arrested over stabbing in Australia church near Sydney that left bishop, several others wounded
-
Trevor Bauer accuser charged with felony fraud after she said pitcher got her pregnant
-
Flooding in Central Asia and southern Russia kills scores and forces tens of thousands to evacuate to higher ground
-
Why Officials Believe a Missing Kayaker Faked His Own Death and Ran Off to Europe
-
Officer shot before returning fire and killing driver in Albany, New York, police chief says
-
House speaker faces new call by another Republican to step down or face removal
-
Tesla will ask shareholders to reinstate Musk pay package rejected by Delaware judge