Domino’s Pizza
Domino’s Pizza is the world leader in pizza delivery. They operate more than 5,500 franchise stores in America as well as 2,000 in other countries. The business began in 1960 when Tom Monaghan and his brother James purchased for $500 a pizza store in Ypsilanti, Michigan named DomiNick’s. Worldwide sales in the year 2000 were $3.4 billion.
Last year they delivered over 400 million pizzas which would be one pizza and a slice for every person in the United States. 9 million miles per week are covered by Domino’s drivers which would be 37.5 round trips to the moon weekly.
In 2003, they sold close to 1.2 million pizzas on the busiest pizza day of the year, Super Bowl Sunday.
Domino’s was the innovator of the sturdy corrugated pizza box which keeps moisture out thereby causing the box to weaken less and it prevents cheese from sticking to the top of the box during delivery.
A new hot bag was introduced in 1998 which contains a patented heat mechanism that warms via electro-magnetic energy. This technology keeps the pizza hot during delivery. The outer bag is made with nylon which is water-repellant.
The 3D car top sign was invented by Dominoes and is currently used by taxis, driving schools and others.
In 1998, Tom Monaghan, retired and sold 93% of his company to Bain Capital Inc