THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Domino's reports good start to the year despite slowdown in UK sales growth

Domino's Pizza in the UK and Ireland has reported a "good start" to the financial year despite slowing UK sales growth.

GENERAL MERCHANDISE

Domino's reports good start to the year despite slowdown in UK sales growth

Domino's Pizza in the UK and Ireland has reported a "good start" to the financial year despite slowing UK sales growth.

Sales rose 9% to £144.2 million during the 13 weeks to 25 March driven by a combination of new store openings, a recovery in Ireland and like-for-like sales growth of 3.5% at its 600 stores.

The company said it was pleased to see the "return to positive territory" in the Republic of Ireland as like-for like sales in the country increased by 1.7% at the start of 2012 after a 10.5% fall in 2011. In the UK, however, like-for-like sales rose by just 3.6% compared to 5.5% in the previous year.

Domino’s total online sales grew by 44.5% to £59.3 million in the period of which 16.4% was taken via  mobile devices. In a first for the company, over £1 million in sales were taken through its mobile platforms in a single week during the period.  The company said e-commerce sales now account for 50.6% of UK delivered sales compared to 39.3% in 2011.

There were six new store openings in the period and Domino’s said it was "confident of achieving the target of 72 new stores during the full year", 12 of which will open in Germany.

Lance Batchelor, chief executive officer, commented: "We are pleased with the group's performance in the first quarter and, although they are just part of the growth story, it is good to see our like-for-like sales continue to increase.  

"We may have a softer comparative for the second quarter of the year - but we will not be taking our foot off the accelerator. We have a number of marketing initiatives and other programmes aimed at ensuring our franchisees can profitably grow their businesses in the coming months. This, combined with a full pipeline of potential new sites, expansion in Germany, a strong management team in place and our ever improving operational gearing, makes me confident and optimistic about the months and years ahead."
 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process