Big Middle East Domino’s operator Alamar Foods plans a Saudi IPO

The company also operates Dunkin’ locations. U.S. private equity firm The Carlyle Group plans to sell its shares in the company.


Domino’s, hoping to recover its momentum, brings back ‘boost weeks’

The company’s promotion, offering 50% off pizzas ordered online, is returning this week after a pandemic hiatus.

Uber and Lyft drivers prefer the flexibility and better pay, according to a new study by BTIG, which suggested pizza chains may need to change their business models to compete.

The pizza chain has a new mind ordering app, an immersive experience designed to mimic Hawkins, Ind., in 1986, the location of the show “Stranger Things.” The app uses facial recognition and eye movements to let customers order pizzas.

The Bottom Line: Pizza chains are struggling to find enough drivers. They are increasingly turning to delivery services, which are not having the same problem.

The pizza chain’s same-store sales declined 3.6% in the U.S. in the first quarter while earnings declined amid a number of challenges that executives warned could persist into the future.

The pizza delivery giant is taking a long look at its driver shortage after sales weakened last quarter and says that all options are on the table.

Joe Jordan was named president, U.S., and global services and Art D’Elia will be EVP, international following the promotion of Russell Weiner to CEO.

The Bottom Line: With sales slowing and drivers hard to find, the pizza delivery chain is turning to a pair of executives in Russell Weiner and David Brandon who played key roles in its historic turnaround.

Reality Check: The public had issues with the pizza. But the withering criticism was aimed at an incoming exec who's now been named executive chairman.

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