| Business

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

McDonald's aims for global growth in coffee sales

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. Range Resources to pay $4.15M fine, close old gas drilling impoundments
  2. Chevron gets first OK from Pa. sustainable drilling group
  3. Net worth in U.S. reaches record high
  4. Pa. unemployment rate rises to 5.8 percent
  5. Missouri barrel sales thrive with bourbon thirst
  6. Post-IPO, Alibaba plans global expansion
  7. Bayer to spin off plastics unit as separate company; employment to remain stable
  8. Home construction plunges more than 14% in August
  9. Five things you should know about Alibaba’s leadership
  10. Brighter economy drives up holiday hiring plans
Subscribe today! Click here for our subscription offers.