CosMc’s, McDonald’s nostalgic spinoff
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 7 December 2023
⏱️ 8 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Thursday, December 7th. I'm Julie Morgan. |
| 0:12.0 | McDonald's is bringing the 1980s. December 7th, I'm Julie Morgan. |
| 0:12.6 | McDonald's is bringing the 1980s into the 2020s with its new store concept. |
| 0:18.7 | A.M.D. |
| 0:19.7 | Unveales a new chip and they say it's better than invidious. |
| 0:23.0 | And Game Stop breaks even. |
| 0:26.0 | McDonald's will begin testing a new small store format this week. |
| 0:30.0 | It's called Cosmics, and it's coming earlier than expected with plans to open 10 such |
| 0:35.3 | restaurants by the end of 2024. In a statement the restaurant said as part of a |
| 0:40.9 | limited test the first Cosmix location opens in Bowling Brook, Illinois this month. |
| 0:46.7 | Bowling Brook is a suburb of Chicago and according to Chicago media that location will open on Friday. The rest of the locations |
| 0:54.8 | will open next year in Texas. The restaurants will be located across the |
| 0:59.5 | Dallas Fort Worth in San Antonio metro areas. |
| 1:03.2 | The limited test was announced during McDonald's Investor Conference on Wednesday, where it also introduced |
| 1:09.1 | ambitious new growth targets. |
| 1:11.2 | Cosmics will feature customizable specialty beverages that will rival other popular chains |
| 1:17.2 | such as Starbucks and Dunkin Donuts. |
| 1:20.0 | It will also serve snacks, including a few of its classic menu items. |
| 1:24.4 | Cosmics, which would be McDonald's first new restaurant concept in the U.S. |
| 1:29.1 | is named after a McDonald's land space alien character who appeared in their ads in the 1980s. |
| 1:35.7 | I gotta admit I checked out the menu and I'd really like to try the Macpop. |
... |
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