HomeBusinessMcDonald's to close three...

McDonald’s to close three CosMc’s locations — and open two more

A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023.

Scott Olson | Getty Images

McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s.

To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in the Chicago suburb of Bolingbrook, followed by six more in Texas. McDonald’s has converted larger namesake restaurants into CosMc’s, in addition to building smaller prototype locations.

The smaller stores work better for the test, the company said Thursday. As a result, McDonald’s will close three of its larger format CosMc’s locations and open two more small Texas restaurants. The company did not disclose the locations for either the openings or closures, although CosMc’s website says a store is coming soon to Allen, Texas.

McDonald’s also shared other early learnings from the pilot on Thursday. Savory hash browns are the top-selling food — at any time of day — followed by McPops, the chain’s mini filled doughnuts. Best-selling drinks include the Island Pick-Me-Up Punch, Churro Cold Brew Frappe and the Sour Energy Burst.

The CosMc’s test will continue for the “foreseeable future,” according to the company.

McDonald’s created CosMc’s as its entry point into the growing “afternoon beverage pick-me-up occasion.”

While CosMc’s menu features some McDonald’s classics, it also offers a host of new items playing off other beverage and snacking trends, such as its iced turmeric spiced lattes, tropical spiceade and pretzel bites. Starbucks, Dutch Bros. and bubble tea chain Kung Fu Tea have found success with younger consumers by offering customizable cold drinks.

The name for the new brand comes from CosMc, a McDonaldland mascot that appeared in advertisements in the late 1980s and early 1990s. CosMc is an alien from outer space who craves McDonald’s food.

While it is unclear just how much McDonald’s plans to grow CosMc’s, it is still a miniscule part of the burger giant’s overall U.S. footprint. The company has more than 13,500 U.S. restaurants. Still, McDonald’s is hoping to learn more about its CosMc’s customers. Last year, it rolled out a loyalty program specific to CosMc’s.

Don’t miss these insights from CNBC PRO

Source link

- A word from our sponsors -

spot_img

Most Popular

More from Author

- A word from our sponsors -

spot_img

Read Now

Norah O’Donnell’s new book, “We the Women,” uncovers history’s hidden female revolutionaries

There's a woman's name on the Declaration of Independence, and CBS News senior correspondent Norah O'Donnell admits she never knew it until researching her upcoming book.The discovery of Mary Katharine Goddard — the printer who risked treason charges to produce the founding document —...

Jane Street not cooperating with authorities; I-T probe faces hurdles: Report

Image used for representative purposes(AI image) NEW DELHI: Global trading company Jane Street is reportedly not assisting the Income Tax Department with their ongoing investigation, according to sources.Sources told ANI that the investigation faces significant challenges as the company's essential servers are situated outside India, with...

Trump flays India over Russia dealings

I don't care what India does with Russia: Trump.US president says New Delhi's tariffs highest in world.Trump announced imposing...

When will interest rates go down again and how do they affect mortgages?

Kevin PeacheyCost of living correspondentBBCThe Bank of England is widely expected to cut interest rates when it meets on 7 August. It held rates at 4.25% at the last meeting in June, following two cuts earlier in the year. Interest rates affect mortgage, credit card and savings...

Social media star Shabaz Ali compares effects of influencing to Black Mirror

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines...

‘Communities’ of strange, extreme life seen for first time in deep ocean

Victoria GillScience correspondent, BBC NewsThe findings challenge "long-standing assumptions" about life's potential at such extreme depths and pressures. They also suggest that these communities of animals, rather than extreme rarities, are actually widespread.Prof Andrew Sweetman, a senior scientist from the Scottish Association for marine science told BBC...

Starbucks (SBUX) Q3 2025 earnings

Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy.CEO Brian Niccol said in a statement that the company's comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a...

Avoid these 8 common mistakes that are secretly harming your pet’s health |

We all want our pets to live happy, healthy lives, but even the most loving owners can unknowingly make mistakes that affect their well-being. From feeding habits to daily routines, small oversights can slowly lead to stress, illness, or behavioural issues in pets. These unintentional...

How your phone can warn you about earthquakes before they hit

NEWYou can now listen to Fox News articles! I read a geeky article that I think you’ll also find amazing. Google quietly used its Android operating system to turn billions of phones into the largest earthquake detection network in human history.Your Android phone can warn you...