McDonald’s is launching a new chain of coffee shops called CosMc’s.
The chain has opened its first branch in Chicago and plans to open another nine in Texas next year.
McDonald’s said CosMc’s would be “beverage-led”, selling coffees as well as “specialty lemonades and teas, indulgent blended beverages and cold coffee”, putting it in direct competition with Starbucks.
The fast food giant said it also planned to open about 10,000 McDonald’s sites globally by 2027, with many in China. The expansion would boost the number of its stores to about 50,000.
