U.S. markets closed
  • S&P 500

    3,693.23
    -64.76 (-1.72%)
     
  • Dow 30

    29,590.41
    -486.27 (-1.62%)
     
  • Nasdaq

    10,867.93
    -198.88 (-1.80%)
     
  • Russell 2000

    1,679.59
    -42.72 (-2.48%)
     
  • Crude Oil

    79.43
    -4.06 (-4.86%)
     
  • Gold

    1,651.70
    -29.40 (-1.75%)
     
  • Silver

    18.83
    -0.78 (-3.99%)
     
  • EUR/USD

    0.9693
    -0.0145 (-1.47%)
     
  • 10-Yr Bond

    3.6970
    -0.0110 (-0.30%)
     
  • GBP/USD

    1.0857
    -0.0398 (-3.54%)
     
  • USD/JPY

    143.3300
    +0.9950 (+0.70%)
     
  • BTC-USD

    18,931.24
    -200.01 (-1.05%)
     
  • CMC Crypto 200

    434.61
    -9.92 (-2.23%)
     
  • FTSE 100

    7,018.60
    -140.92 (-1.97%)
     
  • Nikkei 225

    27,153.83
    -159.30 (-0.58%)
     

McDonald's Bets Big On Chicago By Relocating Speedee Labs Services

·1 min read
  • McDonald's Corp (NYSE: MCD) is planning to establish a new facility, Speedee Labs, focused on driving the customer experience at its global headquarters (MHQ) in Chicago.

  • The facility will bring teams from McDonald's corporate office and the existing Innovation Center (IC) in Romeoville, Illinois, to create opportunities to develop restaurant solutions and technologies.

  • McDonald's Speedee Service System was launched in 1948.

  • The new facility will use a combination of McDonald's existing footprint and an additional 15,000 square feet in leased space.

  • McDonald's plans to relocate all jobs from its Innovation Center in Romeoville to MHQ's Speedee Labs, adding to its Cook County workforce.

  • McDonald's moved its headquarters from Oak Brook, IL, to Chicago's West Loop in 2018.

  • Speedee Labs is expecting a phased opening to begin in the second half of 2023, which is when teams currently operating services out of the IC will relocate to MHQ.

  • Price Action: MCD shares are trading higher by 0.79% at $256.33 on the last check Wednesday.

  • Photo Via Company

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.