McDonald’s Is Creating a Spinoff Restaurant Brand Called CosMc’s

July 28, 2023

McDonald’s is developing a spinoff restaurant brand called CosMc’s, which will be a small-format concept with its own unique personality, according to CEO Chris Kempczinski. The brand takes inspiration from CosMc, a McDonaldland mascot from the late 1980s and early 1990s, who is an alien craving McDonald’s food. The company plans to test CosMc’s in “a limited geography” in early 2024 and will reveal more details about the project at its investor day in December.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.