Domino's

Aggressive store expansion, new menu choices ought to boost growth for QSR

Domino's Pizza Inc is looking up to India's digital leadership and take learnings from the country to its other global markets for quicker delivery of its products, the company's global CEO Russell Weiner said on Tuesday. The company, which operates in India through its master franchise Jubilant Foodworks Ltd, on Tuesday launched 20-minute delivery for its pizzas to consumers across 20 zones in the country. "When I look at markets around the world, and their command of digital, India is a leader in two ways. One is digital for the customer, different ways for customers to order, but also how they're using technology back of house, to drive efficiencies," Weiner told PTI in an interview. He further said, "The reason we can do in Domino's India, even talk about doing 20 minutes (delivery) is because of all the technology and all the back of house efficiencies. It's about the algorithms that have led to store density that allows us to do that." When asked what sort of learnings the ..

Firm says overall aim is to ensure delivery of hotter, fresher and tastier pizza without compromising food quality and safety and well-being of delivery riders

Amazon Food had onboarded 3,000 partners including QSR brands such as McDonald's and Domino's Pizza; some 25 people working on the project have all have been absorbed by the company

Domino's had sought the protection of its mark 'Domino's Pizza', its device mark, and logo

'Please be informed that we have zero tolerance for violations of our high safety standards,' says the pizza restaurant chain

The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery

Customers can buy online or offline, from Domino's own platform or from partner websites like Zomato or Swiggy; but to redeem points or get a free pizza, they will have to use Domino's property

Aggressive expansion, raw material inflation, and competitive pressures to hit Quick Service Restaurant (QSR) player Jubilant FoodWorks stocks and profitability, say analysts

He will be replaced by Russell Weiner, 53, who is currently Domino's president and chief operating officer

The chain on Saturday also delivered pizzas to her family to celebrate Chanu winning the silver medal for India.

Investments in supply chain, technology and network expansion are key positives

The company remains "confident of delivering hyper growth and transforming into a food-tech powerhouse"

New formats of chicken, biryani and Chinese offer incremental opportunities

The email system is "totally safe and secure", the Ministry of Electronics and IT said

Shares of the company were down 3% in premarket trading

Proceeds will be used to roll out new outlets, retire debt; Issuer to have market cap of Rs 2,290 cr at upper end of price band

The fresh capital will help the company fuel international growth across the US, Europe, Latin America, and Asia-Pacific markets

Some analysts point at likely risks from an extended lockdown that aren't priced in

It was in Q4 that the two listed players, who run Domino's and McDonald's stores in India, respectively, first saw single-digit SSG in the 5-6 per cent range after five quarters of double-digit growth