In the second quarter, the channel's same-store sales dropped 3.5 percent, rolling over an 11.7 percent decrease in 2022. And we do it because we think there's a competitive advantage to owning the entire customer experience."Īll of these initiatives, working together, will be needed to boost Domino's faltering delivery business. We do have pinpoint delivery, we do have fleets of vehicles out there. And that's why we are and we have to be delivering these aggregator orders, right? We are obsessed with delivery. "And what that does is it drives long-term brand love.
"When we show our customers that we are obsessed with the delivery process or even the ordering process- there are 20 different ways to order Domino's Pizza-they realize and recognize that means we're obsessed with every piece," Weiner said during the chain's Q2 earnings call.
Thus far, franchise owners representing 50 percent of U.S.
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franchisees are visiting headquarters in Ann Arbor, Michigan, to learn best practices, such as making pizzas before customers complete their online order or dispatching orders to drivers before they arrive to ensure they don't have to leave their car. There's also Domino's ongoing "Summer of Service" training program in which U.S. Additionally, the brand will have 1,100 custom-branded Chevy Bolt electric vehicles across the country by the end of the year to help attract drivers without a car of their own. It plans to expand to 5 markets across APAC by the end of 2023.To Domino's CEO Russell Weiner, adding Uber Eats as a third-party partner is another step in proving to consumers that the brand is obsessed with delivery.Īnd he's right-the move is big, but it's not singular in nature.īefore it was even announced, Domino's revealed pinpoint delivery, which allows guests to receive a pizza at locations without a traditional address, like parks, beaches, or baseball fields. The category – both expanding core brands and introducing “new brand propositions," citing the launch of “Tiger Soju, a soju-infused beer in Vietnam and Singapore” which The company said was introducing “several innovative product concepts locally” in Heineken championed itself as the leader in “beyondīeer alcohol” outside the US, following its acquisition of Distell in South Africa. It’s no surprise, then, that beer alternatives represent a significant part of the company’s strategy. Heineken’s first half-year woes coincide with difficulties facing the beer industry as a whole, with beer shipments down 4.7% year-over-year through May, according The latter half of 2023, anticipating “a strong turnaround” in operating profit growth for the back half of the year and “stable to a mid single-digit” operating profit growth Van den Brink claimed that the company’s operating profit would improve in Given the results, Heineken updated its projected results for 2023 as a whole. “In Vietnam, the economic slowdown, felt more acutely in our city strongholds, has continued into the second quarter, disproportionately affecting the premium beer segment,” Heineken reported an organic growth net revenue decline of 6.9% and an operating profit organic growth decline of 34.4% on the first half Vietnam,”” he explained in the statement. Highest inflationary impact, volume declined in line with our expectations, yet demand in APAC was considerably softer than foreseen, due to an economic slowdown and our own underperformance in He added that “In Europe, the region with the
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