Here's how pizza chain Domino's is tackling high inflation - Jacksonville Business Journal

Executives said one key for the chain is to offer a barbell pricing strategy that allows price-conscious consumers to buy cheaper menu offerings or upgrade to higher-cost items.Nathan Scholz

He stressed that retaining cheaper pizza options while also giving customers the chance to upgrade has increased sales at its existing restaurants. Domino's has had to increase prices — and will likely keep doing so — but Scholz said offering customers choices allows the chain to still compare favorably with customers' other food options.

Worries over inflation continued among small-business owners even as inflationary pressure has slightly eased. The Consumer Price Index showed a gain of 8.3% in August compared to the same time in 2021. That's an improvement from a record high of 9.1% set in June 2022.68% of small-business owners cited inflation as a top concern, followed closely by a lack of new customers.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jacksonville construction company Sauer gets Defense contract bumped by $25 million - Jacksonville Business JournalThe task order was just issued earlier this month and has already jumped in value.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Jacksonville construction company Sauer gets Defense contract bumped by $25 million - Jacksonville Business JournalThe task order was just issued earlier this month and has already jumped in value.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

St. Augustine Music festival offers business insight to local artists - Jacksonville Business JournalJust before Sing Out Loud wrapped up its final weekend, music industry insiders offered their tips on making the most of opportunities.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Lennar Corp. lowers home prices, cancels land purchases as interest rates rise - Jacksonville Business JournalOne of the nation's largest homebuilders is walking away from some land purchases as new orders fall and cancellations rise.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Uncertainty remains on Ian's track - Jacksonville Business JournalA state of emergency has been declared for all of Florida.
Source: JaxBizJournal - 🏆 599. / 51 Read more »