{"id":1613,"date":"2016-06-16T08:59:48","date_gmt":"2016-06-16T08:59:48","guid":{"rendered":"http:\/\/blog.posist.com\/?p=1613"},"modified":"2023-08-29T16:02:58","modified_gmt":"2023-08-29T10:32:58","slug":"jubilant-foodworks-open-new-dominos-dunkin-donuts-restaurants","status":"publish","type":"post","link":"https:\/\/www.posist.com\/restaurant-times\/trending\/jubilant-foodworks-open-new-dominos-dunkin-donuts-restaurants.html","title":{"rendered":"Jubilant FoodWorks to Open New Domino\u2019s, Dunkin Donuts Restaurants"},"content":{"rendered":"<p>After the reports of the QSR industry slowdown did the rounds, many were apprehensive about the future of the fast-food industry. A fast-food kiosk being a low-risk venture seems like the most lucrative option for aspiring restaurateurs, which has led to high competition for the established brands like Domino\u2019s, KFC, McDonalds etc, and resulted in the overall slowdown.<\/p>\n<h2><strong>New Domino&#8217;s and Dunkin Donuts Outlets to Be Opened<\/strong><\/h2>\n<p>Jubilant FoodWorks plans to open 130-140 new Domino\u2019s Pizza outlets and 20 new Dunkin Donuts restaurants across the country in the current fiscal year.<\/p>\n<p>Earlier, Jubilant FoodWorks had reported a 6.56% decline in standalone net profit at Rs 29.46 crore on higher expenses account, for the quarter ended March 31, 2016.<\/p>\n<p>The net sales, however, rose to 617.83 crores for the quarter under review, up 13.99% from 542 crore, compared to a year ago.<\/p>\n<p>\u201cRestaurant expansion continues to a core priority in order to expand reach. Aligned to this, for the financial year 2016-16, the target of (opening) around 130-140 new Domino\u2019s Pizza and around 20 new Dunkin\u2019 Donuts.\u201d Jubilant FoodWorks said in a corporate presentation.<\/p>\n<p>The food service major also added that it would <strong>\u201cfocus on digitization and reaching a wider audience through online ordering.\u201d<\/strong><\/p>\n<p>Things are looking rosy for corporate brands as the delivery boys, <a href=\"https:\/\/www.Posist.com\/restaurant-times\/trending\/e-commerce-delivery-staff-returning-dominos-kfc-mcdonalds.html\">who had earlier quit their food delivery jobs to join e-commerce delivery services, are now returning back to their old jobs.<\/a><\/p>\n<p><a href=\"https:\/\/www.Posist.com\/restaurant-times\/trending\/mcdonalds-cut-operating-cost-without-compromising-quality-customer-experience.html\">McDonald\u2019s also reported<\/a> an 8.4 same-store growth (SSSG) during the Jan-March quarter, the highest in the last three years. Westlife Development, which handles the McDonald\u2019s chain in West and South India, revealed that they plan to double the number of restaurants by 2022.<\/p>\n<p>Source: The Economic Times<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>After the reports of the QSR industry slowdown did the rounds, many were apprehensive about the future of the fast-food industry. A fast-food kiosk being a low-risk venture seems like the most lucrative option for aspiring restaurateurs, which has led to high competition for the established brands like Domino\u2019s, KFC, McDonalds etc, and resulted in [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":16,"featured_media":7868,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[822],"tags":[980,983,381,429,430,540,545],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jubilant FoodWorks to Open New Domino\u2019s, Dunkin Donuts Restaurants<\/title>\n<meta name=\"description\" content=\"Jubilant FoodWorks plans to open 130-140 new Domino\u2019s Pizza outlets and 20 new Dunkin Donuts restaurants across the country in 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