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McDonald’s to spend $8.5B on revamping restaurants, tech and franchise support

McDonald’s to spend $8.5B on revamping restaurants, tech and franchise support

McDonald's on Wednesday announced new details as part of its long-term growth strategy, which will include a focus on upgrading restaurants and staff training, at an investor day at the corporate headquarters in Chicago.The fast-food giant announced its NEXT growth and productivity strategy in June and outlined plans to implement changes throughout its system.McDonald's said that to speed up the modernization of restaurants, deployment of technology and other operational improvements, it plans to provide about $8.5 billion in NEXT partnering support for franchisees through 2036, with roughly $...

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