Domino’s CEO to quit as international arm takes huge slice out of profits August 6, 2019 The chief executive of Domino’s is set to step down, the pizza chain said today as it revealed that profits plunged in the first half of 2019. David Wild has informed the board that he will “retire from his role”, with the retailer kicking off a search for his successor. The figures The pizzeria blamed [...]
Investing in Aim and EIS shares can add some excitement to your financial portfolio February 28, 2019 You have some cash saved in a rainy-day fund. You’ve invested sensibly in a diverse portfolio that contains a mix of low-cost trackers and well-managed investment funds. But now you want to add a bit of excitement to this financial cocktail. If this describes you, then there are a few ways to go about it, [...]
Domino’s Pizza has created a 22-carat gold pizza slice engagement ring February 13, 2017 If you’re into cheesy Valentine’s gestures, look no further than this: Domino’s Pizza has created a 22-carat gold pizza slice engagement ring, topped with diamonds that resemble pepperoni. A lucky customer will win the chance to get their hands on this limited edition slice via a competition on the pizza giant’s Facebook page. The move [...]
Is the proposed ban on TV junk food ads before 9pm just another example of nanny state regulation? March 19, 2019 Is the proposed ban on TV junk food ads before 9pm just another example of nanny state regulation? Daniel Pryor, head of programmes at the Adam Smith Institute, says YES. When the government wants to treat TV ads for fruit juice like soft porn, you know something has gone horribly wrong. There’s no legal definition of [...]
Investors demand environment action from KFC, McDonald’s and Domino’s January 29, 2019 A group of investors representing over $6.5 trillion (£4.9bn) in assets has today demanded more transparency and commitments to tackling emissions from fast food chains Domino’s and McDonald’s. An open letter from investors including BMO Global and Aviva has called on the restaurants to publish plans to tackle the environmental risks from their suppliers by [...]
Domino’s hopes for slice of luck with fourth finance chief in four years October 10, 2018 Domino’s has appointed its latest finance chief, David Bauernfeind, who becomes the fourth person in four years to hold the position. The pizza company had already appointed Bauernfeind as its interim chief financial officer after his predecessor, Rachel Osborne, left for struggling high street retailer Debenhams in June. Read more: Domino's franchisee boosted as Russia [...]
Domino’s Pizza trims profit guidance despite UK sales growing in summer heatwave October 18, 2018 Domino's Pizza sales grew by six per cent year-on-year across the UK and Ireland this summer despite the hot weather, it revealed today, but the fast food brand also cut back its full year forecast for pre-tax profits. Online sales were up by 11.4 per cent – comprising 78 per cent of total sales in the period [...]
Domino’s Pizza warns it could be hit with extra slice of retrospective tax April 3, 2016 Domino’s Pizza has warned it could be slapped with a retrospective tax bill related to past bonus schemes dating back to 2003. In its annual report, the fast food chain revealed it is in talks with HM Revenue & Customs over some of its bonus plans between 2003 and 2010, which used trusts to award [...]
Domino’s Pizza Group shares drop after UK like-for-like sales for 2017 miss analyst expectations March 9, 2017 Domino's Pizza Group saw its share slide over 15 per cent this morning after reporting lower-than-expected like-for-like sales in the UK for the first nine weeks of 2017. The figures Sales at Britain's biggest pizza delivery firm's stores open for about two years rose 1.5 per cent during the period, much lower than the 10.5 per cent [...]
Drones will transform our cities – and we’re totally unprepared for the consequences February 21, 2017 Drones are everywhere – whether that’s delivering Domino’s pizzas in New Zealand or dancing behind Lady Gaga at the US Super Bowl. With the news that Amazon’s new drone delivery plan includes “package parachutes”, considering how drones will impact our cities in the future is an issue that London must address now. No longer limited [...]