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Domino’s: Major Pizza Chains Are Thriving, Independents Struggling

It is a good time to be a major multinational pizza chain — not as great a time to be a small, independent pizzeria. Domino’s Pizza, the world’s largest pizza chain (by sales) with 18,000-plus stores in 90 countries, announced Thursday (July 22) that same-store sales grew 3.5 percent during  the second quarter of 2021. This marks 41 consecutive quarters of overall same-store sales increases for the chain, and 110 of...

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Food Tech Platform C3 Questions The Long-Term Viability Of Legacy Restaurants

As food tech platforms look to parlay the rapid growth experienced during the pandemic into long-term viability, many are rethinking the physical space. C3, for one, announced an $80 million investment earlier this month to grow its global presence and build out its technology, following a $100 million deal in June to bring 40 of its restaurant brands to Saudi Arabia. The company, which began with virtual restaurant concepts prepared...