Retail News CRM

Tag: Fastfood

  • Domino’s app has a new feature that will deliver pizza to places without an address

    Domino’s app has a new feature that will deliver pizza to places without an address

    So let’s say you’re at a nondescript park playing in a pick-up softball game and after the game is over, you want to reward your teammates by ordering a few pizza pies. However, there is a little problem. The park you’re at doesn’t have a name and there isn’t an address for it that you know of. Well, if you order your pizza from the Domino’s app, you’re still okay even if you don’t have an address to accompany your order.
    That’s because Domino’s Pizza announced today a new feature called Pinpoint Delivery that when selected as a delivery option on the Domino’s app will allow the user to drop a pin on a map. This will allow the world’s largest pizza company to deliver a Pizza to a park (like our example), a baseball field (also part of our example), the beach, a pool, a campfire and other locations. If you don’t mind sharing your pizza with seagulls, this could prove to be a great idea.

    Christopher Thomas-Moore, Domino’s senior vice president – chief digital officer, said, “Domino’s is proud to be the first quick-service restaurant brand in the U.S. to deliver food to customers with the drop of a pin. We’re always striving to make customers’ experiences even better and more convenient, and Domino’s Pinpoint Delivery does exactly that.” The Pinpoint Delivery feature allows Domino’s to deliver to “a countless number of dynamically created hyper-local spots without a typical address.”

    While using this feature, consumers will still be able to track their order using Domino’s Tracker, see the GPS location of the driver, and have an ESTPA (estimated time of pizza arrival). When the driver arrives at the pickup spot, the customer will receive an alert. After the alert is received, the customer will activate a visual signal on his phone to help the driver spot him.
    Domino’s says “Domino’s Pinpoint locations are delivery locations without traditional addresses selected by customers who order online, pre-pay with credit, debit, or Domino’s gift cards, and agree to receive up to five text notifications that provide updates on their order. Customers and delivery experts will meet at specific locations designated in the Domino’s app that may be adjacent to places like parks, baseball fields, and beaches. Message and data rates may apply.”
    So the next time you’re lying on a towel at the beach and you get a message from your stomach that it wants you to order a pizza, using the Domino’s app and Pinpoint Delivery can make it happen. You can download the Domino’s app for iOS by tapping on this link, or for your Android phone by clicking on this link.
  • Domino’s Pizza eyes 420 more stores in China after Hong Kong IPO

    Domino’s Pizza eyes 420 more stores in China after Hong Kong IPO

    Following its successful Hong Kong IPO in March, DPC Dash, the master franchise of Domino’s Pizza, is accelerating its expansion in China, debuting in three new cities on the same day last week.

    The company says it aims to open another 180 new stores this year and 240 next year.

    DPC Dash entered the cities of Qingdao, Changzhou, and Wenzhou last Saturday, taking the store count to 638 as of April 30.

    “The recent listing was a great achievement for DPC Dash as well as for our global franchisor, Domino’s Pizza,” said Frank Paul Krasovec, director and chairman at DPC Dash.

    “With the newly raised proceeds, we aim to expand across the greater China region aggressively and to bring our comprehensive product offerings to hundreds of millions of potential Chinese consumers.”

    According to DPC Dash, the business established its first location in Jinan in December, setting new records for both the best opening sales for the first week and the best opening sales month for the first 30 days for Domino’s worldwide. By turnover, the top four trading stores in Domino’s global network are new locations opened by DPC Dash in Jinan, Chengdu, and Wuhan during the past five months.

    DPC Dash has been operating Domino’s Pizza since December 2010, when it purchased Pizzavest China Ltd, Domino’s Pizza’s then-master franchisee in several Chinese provinces. DPC Dash renewed the master franchise agreement with Domino’s Pizza International Franchising Inc in June 2017 and expanded the franchise territory to include the entire China mainland, Hong Kong and Macau.

    The company says the new Domino’s Pizza stores emphasise online channels through delivery and carryout services, which the company believes it can replicate in other markets in China.

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  • Pizza 4Ps profits exceed pre-pandemic levels

    Pizza 4Ps profits exceed pre-pandemic levels

    Pizza 4Ps has reported after-tax profits of VND83.5 billion ($3.5 million) for last year, higher than in the pre-Covid period.

    The Japanese-owned chain, which had made a loss of VND38 billion in 2021, had earnings of around VND50 billion a year in 2018 and 2019.

    In a filing with the Hanoi Stock Exchange, it said its return on equity was 55%.

    Its equity increased to VND150 billion last year, and its debt-to-equity ratio declined from 1.99 to 1.51.

    Pizza 4Ps currently has 32 restaurants, 14 in Ho Chi Minh City, 10 in Hanoi, two in Phnom Penh, Cambodia, and the rest in Da Nang, Hai Phong, Binh Duong, and Nha Trang.

    Besides pizza, the company makes and sells dairy products, including cheese.

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  • Papa Johns to open 650 new stores in India

    Papa Johns to open 650 new stores in India

    Popular US-based pizza chain Papa John’s has partnered with PJP Investments Group to expand in India. It plans to open 650 outlets in the country by 2033. The first of these restaurants will be opened in Bengaluru in 2024. Papa John’s had forayed into India earlier too, but closed down its restaurants in 2017.

    The pizza chain, based in Atlanta, Georgia, has plans to open its stores in Southern cities first, and then scale up to other regions of the country. Papa John’s deems India an important market because of its size, as well as the rising aspirations of the middle class and the increasing income.

    Amanda Clark, Papa John’s Chief International and Development Officer said that the pizza chain first partnered with PJP in 2005 as they were expanding into the UAE. “We are excited that their commitment to the flawless execution of Papa John’s high standards is now being brought to India,” said Clark.

    PJP operates over 100 Papa John’s restaurants in the UAE, Saudi Arabia and Jordan. It will also open the first Papa John’s outlet in Iraq in 2024.

    PJP CEO Tapan Vaidya said Papa John’s expansion in South Asia would introduce an enormous new customer to the popular pizza chain’s offerings. The private equity investment firm will operate around 1,000 Papa John’s restaurants within the next 10 years.

    Meanwhile, Papa John’s partner FountainVest Partners plans to open more than 1,750 new Papa John’s restaurants in China by 2040.

    Established in 1984, Papa John’s original pizza dough is made of only six ingredients and is never frozen. It is also known for topping its pizzas with cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day, and meat free of fillers. It stated that it does not use artificial flavors and synthetic colors in its food menu. As of December 2022, it had 5,700 restaurants in around 50 countries and is the world’s third-largest pizza delivery company.

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  • South Korean burger chain Mom’s Touch to expand into Mongolia

    South Korean burger chain Mom’s Touch to expand into Mongolia

    South Korean chicken burger chain Mom’s Touch&Co. said Tuesday it inked a master franchise agreement with Mongolia’s Foodville Farm LLC, in its first steps to enter the central Asian country.

    Foodville Farm is an independent company established by the local franchise operator Monbakery LLC to expand the Mom’s Touch brand in Mongolia. The company operates the South Korean coffee franchise Caffe Bene and bakery chain Tous les Jours in the Asian country.

    The South Korean chicken burger franchise said it has decided to enter Mongolia due to the country’s rapid economic growth, a relatively young population and a growing interest among Mongolians in Korean food, and products from K-pop and the broader Korean Wave.

    Experts said the Korean Wave generated by K-pop and TV dramas could turn fans in foreign countries into active consumers of South Korean products.

    Mom’s Touch’s first Mongolian restaurant is set to open in the first half of this year. The company plans to add more than five stores by the end of the year, it said.

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  • Jollibee Foods Corporation gears up to open 600 stores this year

    Jollibee Foods Corporation gears up to open 600 stores this year

    Home-grown fast food giant Jollibee Foods Corp. (JFC) is planning to expand its global presence by opening up to 600 new stores this year.

    In a Thursday disclosure to the Philippine Stock Exchange, JFC said it plans to open 550 to 600 owned and franchised stores in 2023.

    With this, the company expects its capital expenditures to range from P17 billion to P19 billion this year.

    This year, the quick-service restaurant chain’s expansion plan could be the biggest in its history, exceeding the record 542 stores openings in 2022.

    At the end of 2022, JFC operated 6,480 stores worldwide —3,285 in the Philippines and 3,195 internationally.

    The company booked a net income of P7.338 billion in 2022, up 33.4% from P5.502 billion in 2021 driven by P211.9 billion in revenues, which grew by 38% year-on-year.

    “Looking ahead, while we expect macroeconomic challenges to persist in 2023, we are confident that the JFC Group is resilient and well-positioned to drive near-term growth. We have clear priorities on profitability while we continue to invest strategically to deliver long-term growth and value for our shareholders,” said JFC CEO Ernesto Tanmantiong.

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  • South Korea’s first Five Guys store to open at the end of June in Gangnam

    South Korea’s first Five Guys store to open at the end of June in Gangnam

    South Korea’s first Five Guys burger restaurant is set to open in Gangnam, southern Seoul, by late June, its operator said Monday.

    The store, set to open in the bustling commercial district near Gangnam Station, will have up to 150 seats, according to Galleria Department Store owned by Hanwha Solutions.

    Established in 1986 as a Virginia-based family business, Five Guys is famous for large quantities, free peanuts and flexible options that give customers more than 250,000 possible ways to order.

    The operator said it plans to additionally open more than 15 Five Guys stores in South Korea in the next five years.

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  • Tim Hortons plans ‘hundreds’ of restaurants across SE Asia

    Tim Hortons plans ‘hundreds’ of restaurants across SE Asia

    Japan’s Marubeni plans to open hundreds of Tim Hortons coffee shop franchises in three Southeast Asian countries, a move the trading conglomerate hopes will make around $300 million in sales by 2033.

    Tim Hortons, headquartered in Canada, currently has over 5,600 locations worldwide. Marubeni signed an agreement with Tim Hortons’ parent company, Restaurant Brands International, to develop and operate the new coffee shops in Singapore, Malaysia, and Indonesia.

    Marubeni plans to start opening franchises in Singapore and Malaysia in the next fiscal year beginning this April, while stores in Indonesia will begin opening in fiscal 2024. The plans will see hundreds of new Tim Hortons franchises in operation by 2033.

    Marubeni will make use of its existing retail network in Southeast Asia to support operation of the new businesses, which will have menus tailored to local tastes. Currently, Marubeni chiefly operates stores that sell pharmaceuticals and cosmetics.

    The Tim Hortons franchises will be the first businesses launched under a new corporate development division Marubeni established last year, focused on business growth in the Asian consumer market.

    Going forward, Marubeni plans to position restaurant operations as a core segment of its business expansion ventures.

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  • Popeyes re-enters China with TH International

    Popeyes re-enters China with TH International

    Tim Hortons China’s exclusive operator, TH International (Tims China), is to relaunch the fried chicken chain Popeyes in China and Macau by acquiring exclusive rights to develop and sub-franchise the brand.

    The transaction, which the company expected to bring significant cash to Tims China and strengthen the company’s balance sheet, is subject to customary closing conditions.

    Popeyes entered China in 2020 under the partnership with Tab Foods Investments with an ambition to open 1500 locations across China in 10 years. However, the chain faltered after opening just nine stores, due to the prolonged impact of Covid-19 in the country.

    Peter Yu, chairman of Tims China, said the company plans to expand its store network of Tim Hortons and Popeyes stores in China to 1000 by the end of the year.

    “The two brands are a natural fit, with complementary product offerings and exceptional growth potential,” said Yongchen Lu, CEO of Tims China. “Both brands will benefit from greater scale, a stronger financial model, and synergies, including in the supply chain and new restaurant development.”

    TH International Limited was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Canadian-headquartered Restaurant Brands International which owns the Popeyes, Burger King and Tim Hortons brands.

    Last August, the US fried chicken retailer appointed Cartesian Capital Group as its partner to relaunch the Popeyes brand in China. The chain has also relaunched in South Korea under a partnership with local operator Silla Co, two years after closing its business there.

    Popeyes has more than 3900 stores globally.

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  • McDonald’s unveils delivery service in Australia

    McDonald’s unveils delivery service in Australia

    McDonald’s Australia has confirmed that it is rolling out its own home delivery service to customers across Australia.

    Starting today, Macca’s fans in participating New South Wales restaurants can have their favorite foods sent directly to their homes when they order via the MyMacca’s app.

    The McDelivery service will be made available in more McDonald’s restaurants across the country in the coming weeks.

    “McDelivery via the MyMacca’s app is now available in participating restaurants across New South Wales, with plans to roll it out across participating restaurants nationwide over the coming weeks,” a McDonald’s spokesperson said.

    “McDelivery allows customers to place delivery orders using the MyMacca’s app, while also earning and redeeming MyMacca’s Rewards points.

    “This is part of our ongoing commitment to providing greater value, convenience and rewards for our customers.

    “McDonald’s continues to be available across other delivery services in Australia, including Uber Eats, Menulog and DoorDash.

    “Customers can check their MyMacca’s app to see if McDelivery is available at a restaurant near them.”

    More information on the nationwide McDelivery rollout will be available in the coming weeks.

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  • Domino’s Pizza buys German, Asian businesses for $150m

    Domino’s Pizza buys German, Asian businesses for $150m

    Domino’s Pizza Enterprises is raising to $165 million in fresh capital as it moves to full ownership of its pizza business in Germany, seven years after it made a foray into that market in a joint venture with its British stablemate.

    The Australian-listed pizza group made an original buyout of Joey’s Pizza chain in Germany in 2015 in conjunction with a British Domino’s Pizza entity. That joint venture followed up in 2017 with the acquisition of Hallo Pizza in Germany.

    The Australian-listed business is now buying out the remaining one-third of the joint venture entity, with funds raised via a $150 million placement and a $15 million share purchase plan.

    There are 412 Domino’s outlets in Germany, where soaring energy costs significantly drag the economy because of its dependence on gas from Russia. That has been upended after the Russian invasion of Ukraine.

    Chief executive Don Meij said on Thursday that Germany offered long-term solid growth prospects. In the short term, the company was trying to emphasize the value of its pizza meal offers, positioning them as cheaper for a family of four than burger and chicken chains.

    At its annual meeting, the broader group warned a month ago that overall profits in the first half would be “materially lower” than a year ago.

    Mr. Meij said on Thursday there had been little change in trading conditions since the trading update on November 2. “The business continues to track to plan,” he said.

    The final price in the placement will be determined via a book build, but there is an underwritten floor price of $65.05. This compares with a closing price of $66.38 on November 30. Domino’s shares went to a trading halt on Thursday.

    The company’s shares were trading at $164 in mid-September last year before inflation started to rise and input costs jumped.

    In August, the company expanded in Asia with the acquisition of 287 stores in Malaysia, Singapore and Cambodia in a deal with an upfront price of $214 million, in what was the biggest acquisition in the company’s history. The Malaysia, Singapore and Cambodia businesses had also been trading in line with expectations, the company said.

    The capital raising comes after Domino’s outlined three weeks ago that it had received an option exercise notice from Domino’s Pizza Group Plc requiring the purchase of all of its shares in the German joint venture.

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  • US burger chain Five Guys to enter South Korea

    US burger chain Five Guys to enter South Korea

    FGE Worldwide Senior Vice President William Peecher (L) shakes palms with Hanwha Galleria Director Kim Dong-seon after signing an settlement at a lodge in Seoul on Wednesday. Picture courtesy of Hanwha Galleria

    SEOUL, Oct. 7 (UPI) — The U.S. quick meals chain 5 Guys Burgers and Fries plans to open its first retailer in Seoul early subsequent yr in a partnership with Hanwha Galleria, in line with Hanwha.

    The settlement was signed Wednesday with the Virginia-based burger franchise, with the dates and site of the primary retailer but to be decided.

    Hanwha Galleria, a luxurious retailer and an affiliate of Hanwha Group, plans to open greater than 15 5 Guys areas within the subsequent 5 years.

    The unique 5 Guys restaurant debuted in Virginia in 1986. The Murrell household, with 5 brothers, has headed the enterprise, which focuses on hamburgers, sizzling canines and French fries.

    In early 2000s, the corporate began franchising, together with international enlargement. At the moment greater than 1,700 5 Guys shops function throughout the globe with one other 1,500 beneath improvement.

    South Korea would be the fifth Asian nation to host the fast-growing model, following Hong Kong, Singapore, China and Malaysia.

    This would be the first deal headed by Hanwha Galleria Director Kim Dong-seon, the third son of Hanwha Chairman Kim Seung-youn.

    The junior Kim was prosecuted in 2017 for assaulting legal professionals at a cocktail party and stepped down from his Hanwha publish. He had been implicated in comparable circumstances twice earlier than.

    In 2019, nonetheless, he returned to administration and starting in February, he started spearheading the brand new enterprise technique group for Hanwha Galleria.

    With the 5 Guys entry, the competitors within the burger trade is anticipated to get much more heated with McDonald’s, Burger King and Shake Shack working in Korea.

    Particularly Shake Shack, launched in Korea in 2016 by meals large SPC Group, has efficiently focused the high-end, area of interest burger market. At the moment, there are 23 Shake Shacks across the nation.

    In the meantime, Korea’s main hen franchise firm BHC is on the point of open American fast-food chain Tremendous Duper Burgers in Korea, starting with a location in Seoul later this yr.

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  • McDonald’s China launches its first zero-carbon restaurant

    McDonald’s China launches its first zero-carbon restaurant

    Leading fast-food chain McDonald’s China opened the company’s first zero carbon restaurant in the Shougang Park in Beijing recently part of its upcoming move to open more new green outlets in the country.

    The McDonald’s Shougang Park restaurant is designed and constructed in line with LEED (Leadership in Energy and Environmental Design) net zero carbon and net zero energy certification standards.

    For a building to be net-zero it must remove as much carbon dioxide from the atmosphere as it emits throughout its lifespan, both in the form of embodied carbon and operational carbon associated with construction, occupation, and eventual demolition.

    Powered by on-site solar panels of over 2,000 square meters, the new restaurant is a milestone for the company’s China unit to achieve net zero carbon emission in the country by 2050. There are about 5000 McDonald restaurants in China.

    “With the scaling up of our business, we are determined to take up more social responsibilities to feed and foster our communities,” said Phyllis Cheung, CEO of McDonald’s China.

    “We will continue to drive high speed and sustainable growth by creating a future where people and the planet will thrive. We will focus on opening more green restaurants and embed green experience throughout consumer journey.”

    McDonald’s China will offer a series of green experience activities to consumers nationwide to advocate low carbon lifestyle, which includes the sealing sticker on the paper bags turning into green colors, or discounted Filet-O-Fish, which uses 100 percent Marine Stewardship Council certified codfish.

    Collaborating with Amap, McDonald’s will provide a cup of free coca cola to the customers who use Amap navigation app and arrive at McDonald’s restaurants by bike or on foot from Sep 20 to Oct 4.

    About 1,600 LEED certified McDonald’s green restaurants will change the color of their location icon on McDonald’s app, enabling over 200 million registered members to find their nearest green restaurant easily.

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  • South Korea’s franchise BHC Chicken to enter Malaysia and Singapore

    South Korea’s franchise BHC Chicken to enter Malaysia and Singapore

    South Korea’s second-largest chicken franchise by sales, bhc Group, said Tuesday it will open its third store in Malaysia next month as part of its strategy to expand into Southeast Asia.

    The new restaurant, which is set to open in a shopping complex located inside the capital of Kuala Lumpur, will be operated by a local logistics company under a master franchise agreement, it said.

    This is the third overseas restaurant by the South Korean chicken franchise company. The group operates two bhc chicken restaurants in Hong Kong. The chicken franchise also said it is in talks with a retail company in Singapore to open a bhc chicken restaurant in the city-state by April next year.

    “With our bhc chicken taking the lead, our ultimate goal is to promote Korean food and culture globally by bringing our various restaurant brands to other countries,” an official from the company said.

    Bhc operates a host of restaurant brands including the fried chicken franchise bhc chicken, Korean barbecue franchise Chango 43 and Outback Steakhouse.

    The company is also the South Korean operator of San Francisco-based Super Duper burgers, which is set to open the first Seoul store in October.

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  • Domino’s Pizza buys businesses in three SEA markets

    Domino’s Pizza buys businesses in three SEA markets

    Domino’s Pizza Malaysia is set to become part of the largest Domino’s network outside of the United States (US) via a proposed acquisition by Domino’s Pizza Enterprises Ltd (DPE).

    DPE is an Australian-based group that operates more than 3,400 Domino’s stores in ten markets around the world.

    DPE has entered into a binding agreement with Mikenwill (M) Sdn Bhd, which owns 100 per cent of

    Dommal Food Services Sdn Bhd, the master franchise holder in Malaysia; and Impress Foods Pte Ltd, which owns 100 per cent of Domino’s Pizza Singapore and 65 per cent of Domino’s Pizza Cambodia; as well as minority shareholders in Cambodia for the remaining 35 per cent stake.

    “This will see DPE acquiring 100 per cent of the Domino’s Pizza businesses in Malaysia, Singapore, and Cambodia, comprising 287 corporate stores across these markets.

    “The binding agreement entails the acquisition of the corporate stores and franchise rights held by Mikenwill (M) Sdn Bhd and Impress Foods Pte Ltd. The acquisition is expected to be completed by the end of 2022,” the pizza maker said in a statement today.

    Domino’s Pizza Malaysia, Singapore, and Cambodia group chief executive officer Ba U Shan-Ting said in tandem with the acquisition, the company aims to expand the number of stores to more than 600 over the long term, setting it on the path to becoming the largest pizza chain in the three countries.

    Domino’s Pizza Malaysia is the largest Domino’s market in Southeast Asia, managed by Dommal Food Services Sdn Bhd with 240 stores in the country while Impress Foods Pte Ltd manages the Singapore and Cambodia markets with 38 and nine stores respectively.

    “DPE’s latest strategic acquisition of Malaysia, Singapore, and Cambodia is in line with its ongoing expansion plans, particularly in Asia.

    “DPE’s impressive track record is reflected in its extensive international footprint which began in the Australian market, with Taiwan being the most recent addition to its portfolio, bringing its total presence to 13 countries around the world.

    “DPE aims to achieve a store count of 3,000 stores in Asia by 2033,” the company said.

     

     

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