McDonald's
McDonald's Corporation {{nyse|MCD}} is the world's largest chain of fast-food restaurantshttp://biz.yahoo.com/p/eatingmktd.html. Although McDonald's did not invent the hamburger or fast food, its name has become nearly synonymous with both.
Related Topics:
Fast-food restaurant - Hamburger - Fast food
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The company began in 1940 with a restaurant opened by brothers Dick and Mac McDonald, but it was their introduction of the "Speedee Service System" in 1948 that established the principles of the fast-food restaurant. However, the company today dates its "founding" to the opening of CEO Ray Kroc's first franchised restaurant, the company's ninth, in 1955.
Related Topics:
1940 - Restaurant - Dick and Mac McDonald - 1948 - Fast-food restaurant - CEO - Ray Kroc - Franchised - 1955
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