We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
McDonalds Corp | NYSE:MCD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 274.43 | 29 | 10:23:08 |
By Austen Hufford
McDonald's Corp. is moving its headquarters to downtown Chicago from one of the city's suburbs, as more companies move into urban centers to attract millennial talent.
The company said it would move its headquarters into the trendy West Loop neighborhood of Chicago by 2018.
"This world-class environment will continue to drive business momentum by getting us even closer to customers, encouraging innovation and ensuring great talent is excited about where they work," Chief Executive Steve Easterbrook said.
Companies like General Electric, Weyerhaeuser and now, McDonald's are leaving behind their sprawling suburban headquarters and moving to urban high-rises to appeal to the younger, metropolitan workforce. Young, educated and relatively high-earning workers are flocking to many American cities at a rate not seen since the U.S. Census Bureau began tracking such data in the 1970s.
"McDonald's has identified the keys to success to today's global market, talent, technology, and access to transportation networks," Chicago Mayor Rahm Emanuel said in a prepared statement. "I'm proud to welcome them to our dynamic city."
The move is a return to the Windy City for McDonald's, which had been based there between 1955 and 1971. It is currently based in the Chicago suburb of Oak Brook, Ill.
The new Chicago headquarters will also house a "Hamburger University" location, which provides training to many of the company's employees and franchise owners.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
June 13, 2016 11:19 ET (15:19 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year McDonalds Chart |
1 Month McDonalds Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions