Current:Home > FinanceCosMc's lands in Illinois, as McDonald's tests its new coffee-centered concept -MoneyFlow Academy
CosMc's lands in Illinois, as McDonald's tests its new coffee-centered concept
View
Date:2025-04-17 05:25:34
If you were alive in the 1980s, and you're nostalgic for one of the least well-known McDonald's mascot characters, the hamburger chain's new restaurant concept is calling your name: CosMc's. The company says it first "test site" is opening in Illinois this month, serving up coffee, frappes and quick bites.
In McDonald's lore, CosMc (it's pronounced like "cosmic") was a six-handed alien known for getting grabby with burgers, which he wanted to take back to his home world after visiting Earth for a "trade mission."
In its new iteration, the beverage-first McDonald's spinoff seems to be a grab at markets currently served by the likes of Starbucks and Dunkin' Donuts. The menu highlights coffee and energy boosters, and it includes at least 15 syrup flavors, from caramel to prickly pear.
"Think of it as an out-of-this-world solution for the 3 p.m. slump," the company said on Wednesday, describing the CosMc's launch in an update to investors.
The store will also sell "McPops," which are essentially donut holes filled with cookie butter, hazelnut or other flavors. The sweets have been attracting fans after seemingly originating at McDonald's operations in Spain. There's just a handful of sandwiches, centering on eggs and sausage, avocados and cheese. There isn't a hamburger in sight.
The fast-food giant says its core business is thriving, with growth of more than 30% since 2019. It wants to open thousands more stores worldwide. But the company also announced layoffs earlier this year. With its current move, McDonald's says it's looking for chances to experiment — and thus, CosMc's.
"To think ... a little over a year ago, this was just an idea. This week, we're opening the first test site," Chris Kempczinski, the company's president and CEO, told investors on Wednesday.
While the concept seems to have come together quickly, the restaurant company also developed an elaborate backstory for CosMc. In the company's telling, the alien whisked food from McDonald's to a faraway galaxy. There, new innovations emerged — and now, more than 30 years later, CosMc has returned to share "galactic boosts" and other treats with humans.
It's a trick that lets the corporate titan sidestep its own massive legacy and leap into a burgeoning space in the market: While many customers in the 1980s were satisfied with a McDonald's milkshake, CosMc's now wants to cater to people seeking a colorful new category of drinks, from a Turmeric Spice Latte to a Blackberry Mint Green Tea with boba.
And as a Marketplace story notes, the drink-heavy concept promises to be cheaper and simpler to operate than a traditional, full-menu McDonald's restaurant.
The first CosMc's pilot location is in Bolingbrook, Ill., a suburb southwest of Chicago (where the McDonald's global headquarters is located). Ten more stores are set to follow, including openings planned in the Dallas-Fort Worth and San Antonio metro areas in 2024.
The store near Chicago is opening at 285 N. Weber Rd. — a location formerly occupied by a Boston Market. While some impressionable visitors might look to the heavens wondering where in the galaxy CosMc's might have come from, others won't have to look far to see its true origin: There's a McDonald's right next door, across the parking lot.
veryGood! (22)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 2024 MLB MVP power rankings: Who is leading the AL, NL races 20 games into the season?
- Dr Pepper is bringing a new, limited-time coconut flavor to a store near you: What to know
- Pilot swims to shore with dog after plane crashes into Pacific Ocean near Los Angeles
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- The Best Graduation Gifts -- That They'll Actually Use
- 2024 MLB MVP power rankings: Who is leading the AL, NL races 20 games into the season?
- Uri Berliner, NPR editor who criticized the network of liberal bias, says he's resigning
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Woman who cut unborn baby from victim's womb with butcher knife, sentenced to 50 years
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Former Wisconsin Democratic Rep. Peter Barca announces new bid for Congress
- The Daily Money: Is Starbucks too noisy?
- With 'Suffs,' Hillary Clinton brings a 'universal' story of women's rights to Broadway
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Trump lawyers say Stormy Daniels refused subpoena outside a Brooklyn bar, papers left ‘at her feet’
- Olivia Munn Details Shock of Cancer Diagnosis After Clean Mammography 3 Months Earlier
- IMF’s Georgieva says there’s ‘plenty to worry about’ despite recovery for many economies
Recommendation
Don't let hackers fool you with a 'scam
Log book from WWII ship that sank off Florida mysteriously ends up in piece of furniture in Massachusetts
Stock market today: Asian shares gain despite Wall Street’s tech-led retreat
The Best Vintage-Inspired Sunglasses to Give You That Retro Feel This Spring
Trump invites nearly all federal workers to quit now, get paid through September
Lawmakers vote down bill that would allow some Alabama death row inmates to be resentenced
Prince William Returns to Royal Duties Weeks After Kate Middleton’s Health Update
YouTuber Abhradeep Angry Rantman Saha Dead at 27 After Major Surgery