TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

McDonald's aims for global growth in coffee sales

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Friday, Nov. 15, 2013, 12:01 a.m.
 

McDonald's wants to be a bigger player in the global coffee business.

The world's biggest hamburger chain on Thursday highlighted beverages as one of its key growth opportunities during a daylong presentation for investors.

McDonald's CEO Don Thompson noted that coffee is the fastest-growing category in its global drinks business and that the company has less than its “fair share” of the market.

“Anyone that stops off to get a cup of coffee anywhere, that's an opportunity,” Thompson said.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Rural communities can’t shake effects of subprime crisis
  2. Russian steel to lose duty shelter
  3. Open enrollment puts varied impact of health care law back in focus
  4. CMU spinoff’s CEO gets council honors
  5. Natrona Bottling Co. keeps soda pop operation focused on craft, taste
  6. Plastics, tech sectors crucial to cracker plants
  7. Amid struggles, top fiscal executive to leave EDMC
  8. Calgon Carbon poised for explosive growth
  9. PPG Industries to buy Westmoreland Supply paint store chain
  10. Fannie Mae might take 3% down
  11. Allegheny Technologies reports $700,000 loss in 3Q
Subscribe today! Click here for our subscription offers.