New Delhi store part of Domino’s 9K celebration
ANN ARBOR, Mich. – Domino’s Pizza celebrated opening its 9,000 store with two symbolic openings earlier this year: one in New Delhi, India and the other in New Orleans.
Founded in 1960 and marking its 50th year in business, Domino's Pizza is the second largest pizza chain in the world and the company marked the opening of its 8,000th store in 2006 in similar fashion, with symbolic openings in Chicago, Ill., and in Panama City, Panama.
“For half a century, Domino’s Pizza has been able to grow and thrive thanks to the dedication and efforts of franchisees and team members the world over, as demonstrated by our franchisees in India and Louisiana,” said Domino’s Chief Executive Officer J. Patrick Doyle. “These are two of the largest and best franchise organizations in our system, and it’s appropriate that they are sharing in this distinction.
“Opening our 9,000th store is a great milestone,” Doyle added. “And we’re looking toward one of the goals we set some time ago: we want to clip the ribbon on our 10,000th store within the first half of this decade. We are looking forward to making that happen.”
Jubilant FoodWorks Ltd, the master franchisee for Domino’s Pizza in India, marked a milestone of its own with the opening of its store: it is the company’s 300th in that country. Doyle, along with Executive Vice President of Domino's Pizza International Michael Lawton and Executive Vice President of Communication & Investor Relations Lynn Liddle, joined master franchisee Hari Bhartia and Jubilant FoodWorks President Ajay Kaul and others at a ribbon-cutting ceremony, followed by a press conference and the donation of products to feed 4,500 underprivileged children in the local community of Pitampura, a residential neighborhood in north New Delhi.
Jubilant FoodWorks Ltd. is Domino's fastest-growing franchise, having opened approximately 65 stores in the last year.
“Today is a historical moment for Domino's Pizza India,” said Hari Bhartia, co-chairman of Jubilant FoodWorks. “We started our journey in India in 1996 with the opening of our first store in Delhi. With the opening of 300th store, we have come a long way in this fulfilling journey creating new milestones and benchmarks for ourselves and for the rest of QSR industry to follow. We have pioneered organized QSR and pizza retail in India. We also introduced and built the concept of home delivery in India. But we believe this is still the beginning as the Indian market has a very large potential.”
The New Orleans store was opened by RPM Pizza LLC, the company is Domino’s largest U.S. franchisee with 135 locations. The store was opened on Chef Menteur Highway, one of the areas decimated by Hurricane Katrina in 2005. The new free-standing store will be “hurricane ready” with generators, an extra-large cooler and the ability to reopen quickly to serve citizens of the community.
“Our franchise is closing in on its 30th anniversary and we have remained committed to being there when our communities need it most,” said Glenn Mueller, president of RPM Pizza. “We’ve always sought to have ours be the last restaurants to close and the first to open in times of great need. Opening a new store in this neighborhood is one more step toward rebuilding this great city. Domino's Pizza was the first chain to offer pizza delivery service and now Domino's is the first to service all areas of metro New Orleans.”
Mueller noted that RPM Pizza plans to hire nearly 100 additional employees throughout the New Orleans area.
Founded in 1960 and headquartered in Ann Arbor, Mich., Domino’s Pizza operates a network of 9,000 franchised and company-owned stores in the United States and over 60 international markets. The Domino's Pizza had global retail sales of over $5.6 billion in 2009, comprised of nearly $3.1 billion domestically and over $2.5 billion internationally.
Source:Indus News Wire
Tags:Domino's, Dominos, Pizza Franchise, Fast Food Franchise, Mexican Restaurant Franchise, best franchise, Master Franchise, franchise chain, franchise expansion, franchise recruitment.
Showing posts with label Pizza Franchise. Show all posts
Showing posts with label Pizza Franchise. Show all posts
Monday, May 10, 2010
Monday, March 1, 2010
India's Airports Aiding The Growth of Food Franchises with Low Cost Carriers Gaining Momentum
One industry doing well even in the current difficult times is the food and beverage franchise at all domestic airports. With the cost-cutting prevalent today, more travelers are opting for the LCCs (Low Cost Carriers) rather than the full service airlines.
Since food is not part of the ticket price at these airlines, passengers are opting to eat their fill at airports before boarding flights. In the last couple of years, the proportion of flights flown by LCCs has increased from 45:55 to 60:40 at present, and is expected to go up to 70:30 by the end of the year. Especially since all the LCCs including Spicejet, Indigo and Go Air are adding capacity. In these flights, food is available but the options are fairly limited with exorbitant rates sometimes charged.
As a result, the volume of business done by the retail chains and food outlets that have licensed or leased space has increased by over 30%. Cafe chain Barista that has outlets across metro airports in the country says it has seen a significant growth in F&B sales, with their outlets at the Bangalore and Mumbai airports registering 30% growth over the last year. This has also become a source of innovation. For example, BIA’s F&B partner, HMS Host, created a food offering called ‘Grab n fly’. This included a variety of light and easy packaged food products, at prices starting from Rs 50 that a passenger could carry onto the aircraft.
The business offers interesting options in terms of how airports as well as F&B outlets might shape the airport location as a retail destination in future. Pizza Corner for example has a concept called Pizza Corner Express which it offers at malls and has extended the same to its airport franchises as well.
Possibly a combination of retail lounge as well as coffee hangout might be possible in future, or a combination of coffee shop and bookstore as well as wi-fi center as is found in some of the Crossword outlets today. The possibilities are endless and only need initiative.
With airports working on the PPP model now, airport managements will be looking at alternative revenue sources to ensure adequate returns. This might be one of foodcustomers.
Since food is not part of the ticket price at these airlines, passengers are opting to eat their fill at airports before boarding flights. In the last couple of years, the proportion of flights flown by LCCs has increased from 45:55 to 60:40 at present, and is expected to go up to 70:30 by the end of the year. Especially since all the LCCs including Spicejet, Indigo and Go Air are adding capacity. In these flights, food is available but the options are fairly limited with exorbitant rates sometimes charged.
As a result, the volume of business done by the retail chains and food outlets that have licensed or leased space has increased by over 30%. Cafe chain Barista that has outlets across metro airports in the country says it has seen a significant growth in F&B sales, with their outlets at the Bangalore and Mumbai airports registering 30% growth over the last year. This has also become a source of innovation. For example, BIA’s F&B partner, HMS Host, created a food offering called ‘Grab n fly’. This included a variety of light and easy packaged food products, at prices starting from Rs 50 that a passenger could carry onto the aircraft.
The business offers interesting options in terms of how airports as well as F&B outlets might shape the airport location as a retail destination in future. Pizza Corner for example has a concept called Pizza Corner Express which it offers at malls and has extended the same to its airport franchises as well.
Possibly a combination of retail lounge as well as coffee hangout might be possible in future, or a combination of coffee shop and bookstore as well as wi-fi center as is found in some of the Crossword outlets today. The possibilities are endless and only need initiative.
With airports working on the PPP model now, airport managements will be looking at alternative revenue sources to ensure adequate returns. This might be one of foodcustomers.
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