All Domino's articles – Page 5
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News
Steve Gotham: Contrasting coronavirus communications
MCA’s Operator Data Index includes over 350 eating & drinking out chains with five outlets or more. We estimate these businesses generated a combined turnover of almost £27bn in 2019 – quite what this comparative will equate to in 2020 when the coronavirus dust eventually settles is a scary prospect. Many of these businesses have temporarily closed all operations, while a number are gallantly soldiering on with delivery or takeaway from selected locations only. Of those businesses still trading in some form, it is useful to review their online messages on how they are dealing with the coronavirus. Certainly, there are differences in how they are looking to both inform and reassure consumers.
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NewsPaul to replace Wild at Domino’s
Former Costa CEO Dominic Paul will replace David Wild as Domino’s chief executive next month.
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NewsDeliveroo, Leon, Yard Sale Pizza and Pizza Punks lead the way on NHS fundraisers
Over the weekend, operators including Deliveroo, Leon Yard Sale Pizza and Pizza Punks launched fundraising campaigns to support NHS staff and frontline workers.
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NewsDomino’s sees acceleration in delivery sales
Domino’s UK has reported an acceleration in delivery sales since the Government enforced closure of bars and restaurants. In the last week, trading for the group has increased, with growth in delivery more than offsetting the lack of collection orders, which typically accounts for around 20% of sales. In line ...
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NewsCosta, Domino’s and Pizza Hut mass-distribute to key workers and the vulnerable
Costa, Dominos and Pizza Hut have all launched initiatives to deliver free food and drink to key workers and vulnerable communities.
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Analysis & InsightAnalysts’ verdict: Goodbody on the leisure shutdown
With the pubs and restaurants now closed the remainder of the leisure sector saw further restrictions last night with collection and delivery now also being impacted.
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NewsDom Walsh: A growing sense of the surreal
It seems bizarre, but when I wrote my last column only a month ago, coronavirus was still pretty much a Chinese issue that seemed a long way removed from mainland Europe, let alone the UK. The subjects I touched on included the rise of vegan food, Dry January and the rise and rise of Greggs.
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NewsListed groups make heavy losses amid coronavirus bloodbath
Listed restaurant and pub suffered a day of carnage today as the coronavirus outbreak took its toll on operators’ share prices.
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NewsShattock joins Domino’s
Domino’s has appointed Matt Shattock, formerly of Cadbury and Unilever, as director and chairman.
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NewsDominos sees online sales help deliver “solid” results
Sales at Dominos rose 4.8% in 2019 but underlying pre-tax profits were down 1.2%, a performance the business described as “solid”. The business opened 32 stores during the year, including 29 franchised stores by 23 different franchisees. It said online sales continued to be a “driver” of growth, with online sales making up 91.1% of deliveries. “Our core UK & Ireland business continues to deliver a solid trading result, with UK like-for-like sales up 3.7%,” said Dominos CEO David Wild.
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NewsStrong global sales for Dominos
Dominos has reported strong global sales growth in its FY 2019 results released yesterday. The brand saw an uplift of 5.7% in global retail sales for the full year, with 6.9% growth in its fourth quarter ending 29 December 2019.
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NewsSteve Gotham: Recovering confidence and and accelerating growth in 2020
Encouragingly for most, MCA predicts that 2020 will see stronger net physical increases in store portfolios across the majority of leading operators.MCA’s Operator Data Index includes over 350 branded operators with five or more outlets at December 2019. These stretch across the full spectrum of the market and account for close to 27,000 outlets which claimed modest overall year on year growth of just under 1% in 2019. We are expecting this growth rate to double to 2% in December 2020, with over 500 net new outlets to open, equating to 11 per week.
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NewsOnline orders drive Dominos growth
Dominos UK has reported a 3.9% like for like sales growth for the 13 weeks to 29 December 2019, compared to the same period last year.
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Analysis & Insight
Goodbody on Domino’s Q4 update
We believe investors will begin to focus more keenly on the health of the core UK and ROI business given DOM’s decision to exit its International markets. For H219 we forecast +3.0% LFL sales growth ex-splits, and +1% incl splits, in the key UK division. At the Q3 stage UK LFL ex-splits was +3.0% (+1.4% incl splits) so we essentially expect a continuation of trends, although we would note the comp is more difficult in Q4 so the group will need a good finish to the year.
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NewsDomino’s chairman Hemsley resigns
Domino’s chairman Stephen Hemsley is stepping down from the board at the end of the year.
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NewsPapa John’s appoints business development director
Papa John’s has appointed Justin Gilbert as its new director of business development in the UK.
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OpinionAnalysts verdict: Berenberg on Domino’s
Despite improvement in its share price since its Q3 update last month, major challenges still remain for Domino’s Pizza, according to analysts Berenberg.
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OpinionTim Hortons: Power play
Tim Hortons may not be a household name in the UK yet, but if the QSR brand’s growth in North America is anything to go by, it soon could be. Georgi Gyton speaks to master franchisee SK Group’s chief commercial officer Kevin Hydes on its plans to steal market share.
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NewsDomino’s appoints NED in hunt for chairman
Domino’s Pizza Group has appointed Usman Nabi to the board as non-executive director and a member of the nomination committee.
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OpinionGoing Global – India: maker and destroyer of dreams
In his latest column Going Global column for MCA, international franchising expert Jasper Reid discusses the huge opportunities to be had in the country of contradiction – and why scale, and a long-term view, is key.