This adored pizza chain is still in difficulty
Strong sales do not match the expected benefit of this favorite of pizza.
This year has been a whirlwind and pizza chains have seen their share just ups and downs. Papa John saw some of theirhighest benefits ever During the summer. They also recently announced theAdding nearly 50 locations Around Philadelphia and New Jersey from the South. Another favorite pizza saw sales increase, butDomino is still in trouble.
Before September 6th, the company saw 17.5%Boost for sales compared to last year, according toNews from the Nation's restaurant. It was the most money that the channel has seen during this period for almost 10 years. In August they revealedTwo new pizzas come to the menu this fall - pizza in Cheeseburger and Pizza at Taco Chicken. It was the first time in eight years that Domino published new versions. (For more information on troubled restaurants, here's9 restaurant chains that have closed hundreds of locations this summer.)
However, the costs of the effects of the coronavirus pandemic adds. The shops that were closed because of COVID-19 lost the company of about $ 7 million,According to CNBC. Ritch Allison, CEO of the company, said the total cost of paid sick leave, PPE, cleaning supplies and first-line hourly compensation of approximately $ 11 million. This piece of change removes some of the progress that the company hoped to do this year to reach 25,000 stores around the world by 2025. They currently have more than 17,000 people.
Although Domino is still in trouble, impressive sales have been focusing on positive points. "We do not have all the answers, but we will continue to execute on our fundamental forces," he said, according to NRN, noting that a field of progress they saw are delivery times. The average was longer than usual in March and April when the pandemic started, but we have improved since the improvement of where we were pre-pandemic or better, "he says.
If all this pizza conversation has made you hungry, there is something for sale from Domino which is a surprisingly lighter choice. Before your next order, read whyThis well-liked domino menu item is healthier than you think.
