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Reading: WATCH: McDonald’s launches new beverage chain, CosMc’s
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BRICS Global Television Network > Features > Business and Finance > WATCH: McDonald’s launches new beverage chain, CosMc’s
Business and Finance

WATCH: McDonald’s launches new beverage chain, CosMc’s

CGTN
Last updated: December 14, 2023 10:59 am
By CGTN
3 Min Read
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McDonald's has launched a new beverage-focused concept restaurant called Cosmc's
Photo: CGTN
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The world’s largest fast-food chain is expanding its market presence. McDonald’s has introduced a new beverage-focused concept restaurant named CosMc’s.

The company aims to roll out ten CosMc’s locations by the close of 2024, marking the inception of a unique pilot initiative.

The first CosMc’s in Bolingbrook, Illinois, has garnered significant attention, with customers eagerly queuing up for hours to experience the novel menu offerings.

The initial outlet operates exclusively through a drive-thru system, emphasising convenience for patrons on the go.

Among the featured items are doughnut-like pastries and pretzel bites, but the primary focus is an extensive array of customisable beverages, including coffees, teas, and lemonades.

WATCH: Cosmc’s customers eager to try McDonalds new beverage range

The menu’s innovative approach reflects McDonald’s strategic move to tap into the thriving market for drinks and snacks.

Local residents are expressing their excitement for this groundbreaking venture, foreseeing the potential success of CosMc’s.

Mary Alexander-Basta, the Mayor of Bolingbrook, anticipates positive customer feedback and believes the new concept will be a valuable experience for McDonald’s.

Customers like Daniel and Frank Furado underscored the uniqueness of being among the first to taste Cosmc’s offerings. Despite enduring long waits, they expressed optimism about the concept’s future popularity.

However, the pivotal question remains: Is CosMc’s the catalyst for McDonald’s to diversify its business beyond the traditional burger-centric model?

According to Tim Calkins, a professor at Northwestern University, the new venture appears to be a direct challenge to established beverage-focused chains like Starbucks and Dunkin.

“This looks like a direct attack on Starbucks and on Dunkin. The challenge for McDonald’s is the one that pretty much every company faces, which is how do you keep growing over time,” remarked Calkins. He also highlighted the immense potential for growth in the global market for drinks and snacks.

McDonald’s strategic plan involves the opening of ten CosMc’s branches by the end of the following year, with hopes that the new concept will captivate consumers and drive substantial growth for the company.

As the first CosMc emerges as a focal point in Bolingbrook, McDonald’s is poised to explore new horizons beyond its traditional fast-food offerings.

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