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History of the Company Kirk’s Catering & Carryout is my dad, Kirk Hamilton’s, restaurant, located in Statesville, North Carolina. He has always worked in the food industry, and has always been passionate about food, so when the restaurant he was working at laid off a lot of people and moved him to a new location, he decided that that was the perfect time to open his own restaurant like he has always wanted. Kirk’s Catering & Carryout officially opened in May of 2012, but the business plan was formed in the summer of 2011. He found a good location, renovated the inside, because it was a racing-themed pizza place before this, and began working on the perfect menu. His goals in creating this company were to provide great food for people to…
Pizza Pizza – Changes in Sales, Total Assets, Shareholder’s Equity & Net Income Change in sales: Pizza Pizza’s sales have increased by 5.3% in 2015 to 533.8 million from 505.4 million in 2014, this was primarily due to geographic diversification among eastern provinces which helped provide consistent restaurant sales and stable growth in sales over the past five years. Change in Net Income: Pizza Pizza’s net income increased by 0.871% to 25.23 million from 25.16 million in 2014. The increase is mainly attributable to an increase in royalty income and a decrease in interest expense balanced by an increase in current tax expense. Royalty income had increase because of additional restaurants added to the same store sales pool on January 1,…
Publix has been in business since the early 1930’s and it has grown into one of the largest grocery chains in the eastern U.S. According to Brian Solomon of Forbes (2013), Publix is the seventh-largest private company in the U.S and is the largest employee owned company in America. One of the keys to the longevity Publix has been that they provide impeccable customer service above quality and price. This focus on customer service is what sets them apart from their many competitors, such as Wal-Mart because that company focuses on providing a lower price over service.…
This factor is something that most customers know them for even more than the rest of their brand, their reputation. Publix is known for their customer service. Their guest experience surpasses most, if not all of their competition. According to Marketforce.com, Publix from 2014-2016 has been among America’s top supermarkets. Over the last year they have received numerous awards in regards to their customer service and satisfaction.…
Franchise stores found the key to success by being uniform. Offering similar food that people already know about is a lot more helpful with success, because people are already familiar with it. Eventually…
MOD Pizza was started by two “retired” entrepreneurs. A husband-and-wife team, Ally and Scott Svenson, had already started and sold two successful food empires. MOD Pizza’s assembly line style of serving pizza resembles Chipotle’s serving style. Scott Svenson was a former Starbuck executive, and learned the business long before deciding to start yet another small empire.…
Papa John’s Pizza takes is competitive with cost by having a section of their website focused on available special offers (Papa John’s Pizza, 2016). Quality is the greatest strength that Papa John’s Pizza has compared to rivals, as the management team makes it the main focus on what they strive to achieve with the pizzas that they sale, promising to customers that they “invest in our ingredients to ensure that we always give you the finest quality pizza” (Papa John’s Pizza, 2016). Time as not a key focus for Papa John’s Pizza, as their main focus is on always delivering a quality pizza (Papa John’s Pizza, 2016). Finally, Papa John’s Pizza is flexible in a number of ways by allowing customers to place orders online and via mobile applications, and offering a wide variety of ways for the pizzas they sale to be customized (Papa John’s Pizza,…
The article Fast Food: Four Big Names Lose is a textual analysis of different fast food restaurants and what consumers actually want from them. In the article thy describe the criteria customers used to judge some of the top fast food chains. Some of the criteria they used included service, value, and quality. The article goes on to use these criteria to compare restaurants like McDonalds, Wendy’s, Taco Bell, Chipotle, Subway, and Chick-fil-A. Consumer Reports, the author, shows in the article that some of the bigger names in business including McDonald’s, Burger King, and Wendy’s rate as some of the worst restaurants in comparison to some of the lesser known places like In-N-Out Burger, Burgerville, and Culver’s.…
(2016). Mastering Strategic Management. Retrieved December 11, 2016, from…
Name: Jack Sheehan Student Number: 114564277 Lecturer: Bernadette Power Module Code: EC2017 Date Due: 30th of July 2015 Word Count: 1,040 A business strategy is hugely important in determining the strategic position of a firm.…
Father and Son Pizzeria has been around Guttenberg, New Jersey for years. Father and Son Pizzeria is a local hot stop were customers stop by for a piece of their pizza. Recently, Mr. Carlos Vega came to purchasing the local hot spot. Mr. Vega soon came to make great improvements. Although, with improvements came setbacks, and Mr. Vega was faced with issues on whether to expand.…
Domino’s has managed to reduce the out of door time from 17 to 13 minutes in recent years and their average delivery times have decreased to only twenty three minutes. There are many businesses that are successful because they focus on identifying a model that works for them and then concentrating on carrying it out extremely well. Domino’s is a market follower. Remaining sensitive to competitors and allowing competition to affect product pricing is a classic trait of a market follower (Kotler & Armstrong, 2008). It allows its competitors to grow the market for pizza…
Introduction We define the restaurant industry and how it is connected to other industries. We also describe how the fast food industry is different from the regular restaurant industry. What are the usual challenges in the restaurant and fast food industry? Now, we go further and explain further the unique challenges and pressures that managers of fast food restaurants face.…
It has been announced earlier this year that Domino’s Pizza has become the biggest pizza chain, taking the title from Pizza Hut. Domino’s Pizza global retail sales exceeded $12.2 billion in 2017. Pizza Hut’s global retail sales was reported as $12.03 billion.…
In this assignment, we will be discussing about the strategy implemented by Domino’s pizza with it advantages, disadvantages and challenges that make them a successful fast-food franchise. First of all, we discovered 2 purchasing strategy used by Domino in procurement process. Domino’s will have 3 advantages, 3 disadvantages and 2 challenges when implementing the first strategy. However, they…