Here's how pizza chain Domino's is tackling high inflation - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Small-business owners are still worried about inflation, but so are their larger counterparts. Here's how Domino's Pizza is combating rising costs.

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.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 78. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Here's how pizza chain Domino's is tackling high inflation - Jacksonville Business JournalInflation is hitting businesses of all shapes and sizes. Here's how executives with Domino's Pizza said the chain is tackling rising costs.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

Matthew Spivey named new CEO of the San Francisco Symphony - San Francisco Business TimesThe Symphony plans to undertake an audience development initiative as well as a long-range financial plan.
Fonte: SFBusinessTimes - 🏆 78. / 68 Consulte Mais informação »

Senate passes legislation to extend SBIR, STTR small business grant programs - San Francisco Business TimesThe Small Business Innovation Research and Small Business Technology Transfer Programs are set to expire on Sept. 30, but the Senate just voted to extend them. Here's what business owners need to know.
Fonte: SFBusinessTimes - 🏆 78. / 68 Consulte Mais informação »

Signs of quiet quitting and how to respond - San Francisco Business TimesExperts say there are several red flags that illustrate when a worker could be at risk of quiet quitting. Here's how companies can respond.
Fonte: SFBusinessTimes - 🏆 78. / 68 Consulte Mais informação »

Survey robot startup among 5 from Bay Area funded at week's end - San Francisco Business TimesFive early-stage funding deals and developments on two SPAC mergers were the big BayArea funding news at the end of the week. TheFunded startups venture SiliconValley SanFrancisco
Fonte: SFBusinessTimes - 🏆 78. / 68 Consulte Mais informação »