200 new stores on the menu for Domino’s
Domino’s plans to open at least 200 new sites in the “medium term”, as it hails a year which saw an increase in revenue and store growth.
In 2022, the pizza chain opened 35 new stores, compared to 31 a year prior. Domino’s said that it had seen a strong start to 2023, with seven new openings in the first quarter compared to 2021.
Domino’s said that its pipeline for 2023 is “significantly ahead” of its 2022 comparable.
The group saw its revenue increase by 7% in 2022, while total orders grew by 1.6%. 90% of the chain’s sales were digital, with app orders making up over half of total online orders (52.2%).
Domino’s also began the process of rolling out delivery services through Just Eat in the majority of its stores.
Domino’s interim CEO, Elias Diaz Sese, described 2022 as an “exceptionally busy year”.
“Our outstanding Q4 performance gives the business powerful momentum into this year and there’s a lot to be excited about. Strong national value campaigns, continued growth of collections, accelerated new store openings, digital initiatives and a full year on the Just Eat platform are all set to drive further growth”, she continued.