McDonald's

Extracted Attributes

• Name

  McDonald's Corporation

• Type

  American multinational fast-food chain, Real estate company

• Founders

  Richard McDonald, Maurice McDonald

• Criticisms

  Nutritional value of food, animal welfare practices, low worker wages, price increases (contributing to inflation/Vibecession)

• Founded Date

  1940-05-15

• Headquarters

  Chicago, Illinois, United States

• Key Products

  French fries, Big Mac, cheeseburgers, chicken, fish, fruit, salads

• Business Model

  Franchising, Real estate ownership (70% of restaurant buildings, 45% of land leased to franchisees)

• Employees (2018)

  1.7 million (world's second-largest private employer after Walmart, majority in franchised locations)

• Country of Origin

  United States

• Original Location

  San Bernardino, California, United States

• Global Ranking (2024)

  Second-largest fast-food chain by number of locations

• Number of Locations (2024)

  Over 40,000 worldwide

• Locations in U.S. (approx.)

  10,000

• Key Figure (Acquirer/Expander)

  Ray Kroc

Timeline

• The McDonald family opened an orange juice stand on Route 66 in Monrovia, California. (Source: Web Search)

  1937

• Brothers Richard and Maurice McDonald founded McDonald's as a barbecue stand in San Bernardino, California. (Source: Summary, Wikipedia, Wikidata, Web Search)

  1940-05-15

• The McDonald brothers converted their barbecue restaurant into a streamlined burger and milkshake joint, introducing the Speedee Service System. (Source: Web Search)

  1948

• The Golden Arches logo was introduced. (Source: Wikipedia)

  1953

• Ray Kroc joined McDonald's as a franchise agent and officially founded the McDonald's Corporation. (Source: Summary, Wikipedia, Web Search)

  1955

• Ray Kroc purchased the company from the McDonald brothers. (Source: Summary, Wikipedia, Web Search)

  1961

• McDonald's was recognized as the world's second-largest private employer after Walmart. (Source: Summary, Wikipedia)

  2018

• McDonald's ranks as the second-largest fast-food chain globally by number of locations. (Source: Summary, Wikipedia)

  2024

• Price increases at McDonald's were used as a tangible example of inflation impacting consumer purchasing power, contributing to the "Vibecession." (Source: Related Document)

  Undated

McDonald's

McDonald's Corporation, doing business as McDonald's, is an American multinational fast food chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea. Brothers Richard and Maurice McDonald founded McDonald's in San Bernardino, California, in 1940 as a hamburger stand. They soon franchised the company. The Golden Arches logo was introduced in 1953. In 1955, the businessman Ray Kroc joined McDonald's as a franchise agent; he bought the company in 1961. In the years since, it has expanded internationally. Today, McDonald's has more than 40,000 restaurant locations worldwide, with around one-quarter in the US. Other than food sales, McDonald's generates income through its ownership of 70% of restaurant buildings and 45% of the underlying land (which it leases to its franchisees). In 2018, McDonald's was the world's second-largest private employer after Walmart; most of its 1.7 million employees work in the restaurant's franchises. McDonald's bestselling licensed items are their French fries and Big Mac hamburgers; other fare includes cheeseburgers, chicken, fish, fruit, and salads. McDonald's has been criticized for its foods' nutrition, animal welfare and low worker wages.

Web Search Results

• McDonald's | History, Ray Kroc, & Famous Menu Items - Britannica

  McDonald’s Corporation (McDonald’s) is one of the world’s largest and most recognized fast-food chains, known for its hamburgers, french fries, and name-brand sandwiches such as the Big Mac, Quarter Pounder, and Egg McMuffin, as well as the child-focused Happy Meal. [...] Although McDonald’s is an iconic fast food chain, it is also a real estate company. The company owns—or has a long-term lease on—the land and building for each franchised location. Each franchisee pays for equipment, signs, seating, and decor. McDonald’s Corporation’s revenue is made up of rent, royalties, and fees paid by franchisees, as well as sales in company-operated restaurants. It is also one of the world’s largest private employers, with more than 150,000 company employees and 2,000,000 [...] McDonald’s is both a fast-food chain and a real estate company. It owns or leases the land and buildings for franchised locations, earning revenue from rent, royalties, and fees from franchisees, as well as sales in company-owned restaurants. ### How did McDonald’s begin?

• History of McDonald's - Wikipedia

  The American fast-food restaurant chain McDonald's was founded in 1940 by the McDonald brothers, Richard and Maurice, and has since grown to the world's largest restaurant chain by revenue. The McDonald brothers began the business in San Bernardino, California, where the brothers set out to sell their barbecue. However, burgers were more popular with the public and the business model switched to a carhop drive-in style of restaurant. From the 1940s to the mid-1950s, the brothers expanded their [...] The McDonald's brothers opened their first McDonald's restaurant on May 15, 1940 in San Bernardino, California. Originally, a carhop drive-in system was used to serve customers. The initial menu items were centered around barbecue and the first name the brothers used for their business was "McDonald's Famous Barbecue." In 1948, the McDonald brothers realized that most of their profits derived from the sale of hamburgers. They shuttered their successful carhop drive-in to establish a streamlined [...] McDonald's was founded in 1940s California by the McDonald brothers. Before opening the first restaurant, members of the McDonald family had operated several businesses together around California. In 1937, an orange juice stand on Route 66, in Monrovia was opened. Sources diverge on whether this was done by the brothers Richard and Maurice McDonald ("Dick" and "Mac"): 61or by their father Patrick, with the brothers entering the business later.: 206 In 1940, the McDonalds opened a barbecue stand

• History of McDonald's: Timeline and facts - TheStreet

  The McDonald brothers, Richard (Dick) and Maurice (Mac), were the founders of their eponymous restaurant McDonald’s. The two were born in Manchester, New Hampshire, in the early 1900s, and moved to Hollywood, California around the 1920s to work in film studios. After a string of business ventures, they focused on selling hamburgers in 1948 and developed an assembly-line process known as the Speedee Service System to produce hamburgers, fries, and shakes as fast as possible—helping to popularize [...] Brothers Maurice and Richard McDonald started the first McDonald's restaurant in 1948 by converting their drive-through barbecue restaurant into a burger and milkshake joint. Located in San Bernardino, California, east of Los Angeles, the restaurant was actually the brothers' second venture into the food industry. Their first was a hot dog stand that the pair owned near the Santa Anita track. Image 4: A person is handed a bag at a McDonald's window. Lead [...] While Maurice and Richard McDonald created the first restaurant and its food service business model, arguably it is Kroc who founded McDonald's as the world now knows it. He took the individual restaurant from its San Bernardino location and turned it into a mass-market restaurant enterprise. By 1961, Kroc had bought the founders out entirely and ran the company himself. In doing so, Kroc made himself the most successful traveling salesman to ever pack a suitcase.

• The True Origin Story Behind McDonald's - YouTube

  McDonald's is one of the most popular food chains in the world, standing shoulder-to-shoulder with giants like KFC and Domino’s. It has become such a universally recognized brand that you’d be hard pressed to find anyone who sees the iconic Golden Arches of its logo and fails to recognize what it represents. But, while visiting one of the countless branches of McDonald’s around the world, have you ever wondered how it got there? Where it all began? Well, if you have, this is the video for you. [...] Intro how was McDonald's made McDonald's is one of the most popular food chains in the world standing shoulder-to-shoulder with giants like KFC and dominoes it has become such a universally recognized brand that you'd be hard pressed to find anyone who sees the iconic golden arches of its logo and fails to recognize what it represents but while visiting one of the countless branches of McDonalds around the world have you ever wondered how it got there where it all began well if you you have [...] to that end in 1955 Croc officially founded the McDonald's corporation solidifying the Brand's transition to a franchise-based business that was to over over seee a rapidly expanding network of franchises the corporation aimed to standardize operations ensuring a uniform experience for customers across all McDonald's locations although Croc did face some challenges in convincing potential franchisees into adapting the model across different regions the franchise model proved highly successful

• Fast Food in Houston, TX at 3611 N Main

  Since 1954, McDonald’s has been dedicated to serving quality food and quick service at an affordable price for our customers. Visit your nearby McDonald’s and choose from amenuof favorites, includingMcCafé®coffee,tasty breakfasts,delicious burgerslike ourQuarter Pounder® with Cheeseand more!

• Award

  Silver Anvil Award

• Image

  

• Country

  United States

• Founder

  Ray Kroc

• Employees

  200,000

• Instance Of

  Q43229

• Headquarters

  Chicago

• Inception Date

  5/15/1940