Friday, February 22, 2019
Domino’s Pizza, Inc
Dominos Pizza, Inc. is an transnational pizza pie delivery corporation headquartered in Ann Arbor, Michigan, United States. Founded in 1960, Dominos Pizza is the second-largest pizza mountain chain in the United States. In 1960, tomcat Monaghan and his brother, James, purchased DomiNicks, a small pizza throw in in Ypsilanti, Michigan. The deal was secured by a $75 follow through payment and the brothers borrowed $500 to pay for the store.Eight months later, James traded his half of the personal credit line to Tom for a used Volkswagen Beetle. As sole owner of the company, Tom Monaghan renamed the business Dominos Pizza, Inc. in 1965. In 1967, the first Dominos Pizza franchise store opened in Ypsilanti. Tom Monaghan original goal was to open troika pizza delivery stores. Thats why there are collar dots on Dominos logo. Dominos Pizza move to grow and in 1978 opened its 200th store.Tom Monaghan launched Dominos Pizza Malaysia in September 1997. Franchising in Malaysia is still in the early stages while immobile foods dominate the franchising sector with an estimated annual sales exceeding RM1. 3 billion. With the tribes growing appetite for fast food, the market outlook is good. The fast growth of the fast-food industry brings both benefits and threats to our society. Normally, fast food restaurant is religious offering fried chickens, burgers, sandwiches or pizzas.Further to a greater extent, there are only a few pizza chains in Malaysia like Dominos Pizza, Pizza Hut and Shakeys Pizza. Today, Dominos Pizza is having more than 8,500 stores at all around the world and making a take in of USD35 billion per year. Dominos Pizza is the recognized world leader in pizza delivery operating a network of company-owned and franchise-owned stores in the United States and international markets. Dominos Pizzas vision illustrates a company of exceptional people on a mission to be the best pizza delivery company in the world.
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