Domino’s Pizza Pins Revival Hopes on Promotions and Loyalty Program Amidst Menu Price Challenges
October 12, 2023
Domino’s Pizza is banking on a resurgence in U.S. demand, leveraging an enhanced loyalty program and promotional deals to counterbalance the impact of higher menu prices. While third-quarter revenue fell short of expectations due to a sluggish delivery business, the company’s revamped loyalty program, offering increased redeemable points, has led to higher redemptions. CEO Russell Weiner emphasized the focus on value over just price, anticipating improved delivery orders in the current quarter even as pricing benefits diminish.
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