DOMINO S
Coca-Cola offers a $1-billion swig to India Inc families
Coca-Cola India is seeking to sell a minority stake in its subsidiary, Hindustan Coca-Cola Beverages, following PepsiCo's model of outsourcing bottling operations to Varun Beverages Ltd.
Domino's aims to double store count to 4,000 in India in 5-6 years
Domino's, the renowned American pizza chain, is poised to double its store count in India to 4,000 within the next 5-6 years. With the recent inauguration of its 2,000th store in India, Domino's has solidified its position as a major player in the Indian market, ranking second globally in operational stores and among the top five in revenue.
Free Pizza from Dominos: Here’s how to grab the offer, What’s the deal and other freebies you can avail
Do you love Pizza’s? Here’s an Exciting news for Dominos lovers! Dominos is giving free rewards to its customers. Know what’s the deal, why’s the deal and how to grab the deal.
From phones to fries: Flipkart users may soon be able to order food via ONDC
Flipkart users may soon be able to order from various fast-food outlets and restaurants, such as Dominos and McDonalds, from Flipkart app. This development is noteworthy because the government started ONDC to counter the dominance of Amazon and Flipkart. Recently several top Flipkart executives met ONDC officials for the integration.
Reliance Retail starts ONDC pilot via retail platform Fynd
Reliance Retail, a subsidiary of Reliance Industries, has begun testing the government's Open Network for Digital Commerce (ONDC) through Fynd, an omnichannel retail platform in which Reliance holds an investment.
Online eats into offline; Agnikul defers rocket launch
The rapid adoption of quick commerce and food delivery apps is eating into the sales of retail, and quick service restaurants. This and more in today’s ETtech Top 5.
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Food delivery, quick commerce take a bite out of QSR sales: brokerage reports
For the overall QSR industry, revenue growth for the final quarter of FY24 was at 9% on a year-on-year basis, down from 18% a year ago, while both same-store sales growth (SSSG) and average daily sales (ADS) declined, a report from brokerage firm BNP Paribas Exane said.
Jubilant FoodWorks Q4 Results: Profit jumps on steady demand
Jubilant FoodWorks reported a more-than-seven fold jump in quarterly profit on Wednesday as the Domino's Pizza's Indian franchisee booked an one-time gain and also benefited from steady demand.
Bullet train
'You're overthinking it,' Maria had said on multiple occasions. Nanao gets his jobs from Maria. She describes herself as basically just an agent, but Nanao doesn't think that's all there is to Maria. Words floated through his mind like epigrams, I prepare the food and you eat of it, You command and I obey. Once he asked, 'Maria, why don't you do any jobs?'
Domino's jumps 7% as company surpasses sales expectations
Domino's Pizza topped expectations for first-quarter sales and profit on Monday, as consumers in the United States tapped into offers through the pizza chain's loyalty program.
Cocoa futures set record high, coffee and sugar also up
Cocoa futures in London and New York set record peaks on Tuesday as the market continued its relentless rise while coffee and sugar prices were also higher.
McDonald’s North & East onboards ONDC
McDonald's North and East partners with ONDC for exclusive products. ONDC also collaborates with street food vendors to boost small-scale operator demand. The initiative aims to enhance accessibility and customer reach.
Magicpin integrates Domino's Pizza with ONDC
Magicpin had recently touched 50,000 food orders in a single day under ONDC umbrella, largest aggregator/supplier on ONDC network.
Domino’s Pizza expands reach with ONDC entry
Sameer Khetarpal, managing director at JFL said the partnership with the ONDC Network is a “significant milestone and step forward” for Domino’s. T Koshy, managing director at ONDC said Domino’s joining ONDC “is a significant development with the potential to create ripple effects for the foods and beverages category on Open Network.
Domino's focuses on quality, speed to trump local rivals
Domino's Pizza in India, operated by Jubilant FoodWorks (JFL), is intensifying its efforts to address growing competition from gourmet pizzerias and regional pizza players. To counter the competition, Domino's is introducing new premium cheese varieties, toppings, and sauces for its gourmet range. The company is also increasing sampling of gourmet pizzas in its top-10 markets.
Domino’s launches new campaign aimed at GenZ; appoints new CFO
JFL also announced the appointment of Suman Hegde as its executive vice president and chief financial officer on Tuesday. Hedge will be moving from Hindustan Unilever in her role as vice president of finance - beauty, wellbeing and personal care, South Asia. Hedge's appointment is effective from March 1, 2024
Jubilant FoodWorks appoints Suman Hegde as executive vice-president and chief financial officer
The board of JFL, in its meeting held on Tuesday, approved the appointment of Hedge, who is presently working with the leading FMCG maker Hindustan Unilever as Vice President of Finance – Beauty, Wellbeing & Personal Care, South Asia.
Domino's gaining share from local rivals, says CEO Russell Weiner
"A large, fragmented category offers significant growth opportunity," Russell said in a presentation during the company's Global Investor Day on Thursday. Acknowledging the rise of regional rivals across all its markets worldwide, Domino's noted in its presentation, "We will get more customers through a value strategy." In India as well as globally, Domino's has been introducing more value meals and increasing consumer promotions as strategies to fend off emerging regional pizza brands.
Jubilant FoodWorks plans to fully buy DP Eurasia in Rs 670-cr deal
Jubilant FoodWorks Ltd (JFL), the operator of Domino’s Pizza and Dunkin Donuts, intends to acquire an additional 51.16% stake in DP Eurasia NV, the exclusive master franchisee of Domino's Pizza in Turkey, Azerbaijan, and Georgia. The acquisition, valued at EUR 73.36 million (Rs 670 crore), will be executed through a subsidiary. Currently, JFL's wholly-owned arm, Jubilant FoodWorks Netherlands B.V, holds 48.84% of DP Eurasia's ordinary shares
Jubilant Foodworks to acquire majority stake in DP Eurasia for EUR 73.36 million
Jubilant Foodworks Netherlands B.V (JFN), a wholly-owned arm of the company, currently holds 48.84 per cent of the ordinary shares of DP Eurasia, making it the largest pizza delivery company in Turkey. The acquisition aims to increase JFN's stake by purchasing the entire issued and outstanding ordinary share capital of DP Eurasia NV not already held by it, at a price of up to 85 pence per share from existing shareholders.
Domino’s, Pizza Hut and other pizza chains cut rates as small rivals slice up market
Domino's sent messages to its subscribers last week alerting them about an "epic price drop on large pizzas". The pizza chain said prices of vegetarian large pizzas have been reduced from Rs 799 to Rs 499, and that of non-veg large pizzas from Rs 919 to Rs 549. "Pay less, get more," the company said in the messages.
Young boy suspected in pizza gift card scam in Troy, Illinois
Police in Troy, Illinois are searching for a 6-year-old boy who is allegedly involved in a pizza gift card scam. The boy is selling counterfeit "buy one get one free" Domino's Pizza gift cards under the pretense of fundraising for his baseball team. The police have warned the public about these fake gift cards and are requesting assistance in locating the boy and his accompanying adult.
Video of Domino’s executives braving Bengaluru traffic jam to deliver pizza goes viral, netizens urge client to pay ‘a good tip’
While many praised the professionalism displayed in the clip, some users also pointed out that the executives who risk their health and well-being to ensure timely delivery.
Domino's delivers pizza on road in choked Bengaluru traffic. Video goes viral
A video of a Domino's delivery person delivering pizza in a traffic jam has gone viral on Twitter. The customer had ordered the pizza during a traffic jam in Bengaluru, and to their surprise, the delivery person tracked their live location and delivered the pizza in the jam. The incident has received praise for the exceptional service, with some users suggesting that such quick deliveries should be encouraged. However, others expressed concerns about traffic violations and the pressure on delivery personnel.
Go tough on junk food, consumer front urges government
A coalition of consumer groups, along with public health advocates, lawyers, and doctors, has urged the Indian government to take action against the consumption of junk food high in sugar, salt, and fat. The coalition is calling for legislation to define junk food and restrictions on marketing similar to those for infant foods. They also recommend setting up guidelines to prevent the serving of unhealthy foods in schools, hospitals, prisons, and other public places. The coalition believes that existing regulatory policies on junk food are ineffective.
Domino effect: India rice export ban puts market on edge for copycat curbs
Analysts say India's rice export ban is identical to those the country imposed previously in 2007 and 2008. This had triggered a domino effect with many countries curbing exports to ensure domestic demand is filled.
Restaurant Brands Asia Q1 Results: Burger King's India operator posts wider loss on higher costs
Rising costs have pressured bottom lines at its rivals as well, including KFC franchisees Sapphire Foods India and Devyani International as well as Domino's Pizza operator Jubilant FoodWorks.
From pizza delivery to robotic grills, US fast-food chains are turning to automation to boost speed
The addition of automation tools in restaurant chains could cut down on wait times, driving higher consumer engagement and increasing sales for the rest of the year.
Retail firms score big as cricket is back with a bang after Covid
The Indian Premier League (IPL) cricket tournament has had a positive impact on some Indian companies - United Spirits, Reliance Retail, Jubilant Foodworks and Indian Hotels have all reported a surge in sales or are forecasting a significant spike due to the tourney. TV sales have soared for some and pizza sales have increased due to consumption whilst watching games.
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