U.S. pizza sales, booming in pandemic, start to slow
ANN ARBOR, Mich. – After a pandemic-fueled boom, U.S. pizza sales appear to be headed back to earth. Domino’s and Papa John’s pizza chains both said Thursday that their same-store sales lost steam in the fourth quarter compared to the huge increases they saw earlier in 2020. Same-store sales are expected to continue seeing percentage declines well into this year. Pizza delivery remains popular, but diners’ choices are expanding, with more restaurants now offering delivery. Ann Arbor-based Domino’s said its same-store sales __ or sales at stores open at least a year __ were up 11% in the October-December period.
Cinemark to reopen movie theaters, pizza continues to sell
Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________MOVIE TIME: Cinemark Holdings will reopen some of its U.S. movie theaters on July 24, with additional theaters reopening in subsequent weeks. Cinemark runs 555 theaters in 41 states and 15 countries throughout South and Central America. Rival AMC is also planning to reopen some of its movie theaters next month. The pizza company said Tuesday that almost all traditional restaurants in North America remain open and fully operational.
Nevada casinos to reopen; America in lockdown devours pizza
As restaurants in food-loving France prepare to reopen, some are investing in lampshade-like plastic shields to protect diners from the virus. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. Tourist destinations, from countries to theme parks, are laying out plans for operations during, and potentially after, the pandemic fades. Nevada's casinos will reopen next week, including those on the Las Vegas Strip. In the eight weeks starting March 23, Domino's comparable-store sales jumped 16%.
In Detroit, NYC, kindness comes one slice of pizza at a time
In this April 7, 2020, handout photo, Japneet Singh, right, delivers pizza to health care workers at Kings County Hospital in the Brooklyn borough of New York. Now, hes all about pizza. Singh and his family have paid for and delivered hundreds of pies to hospitals, police stations and fire departments since the gurdwara suspended in-person services. In New York, 25-year-old Japneet Singh, a fellow Sikh, also thought of pizza for under-resourced hospitals and overworked, minimum wage employees in the crosshairs of the virus. These are minimum-wage workers, Singh said.
Pizza Hut is making a comeback
Tim Boyle/Getty Images(CNN) - Pizza Hut had struggled to compete against Domino's and Papa John's for the past few years. Pizza Hut also is launching an interactive game called "Hut Hut Win" that will give customers a chance to win NFL merchandise and free food. Pizza Hut is also stepping up its digital game with leading apps on Apple's iOS App Store and Google Play for Android. But even without any plant-based products on the horizon just yet, Pizza Hut is still enjoying a solid comeback. "The second quarter, globally, was one of the best for Pizza Hut in a long time.
Papa John's names head of Arby's as CEO
Lynch was named CEO of Papa John's Tuesday morning. He replaces Steve Ritchie, the veteran Papa John's executive who took over in the wake of the scandal surrounding founder and former CEO John Schnatter. Starboard CEO Jeffrey Smith took over as Papa John's chairman. "I am thrilled to welcome Rob to Papa John's at this pivotal moment in the company's history," Smith said in a statement. Shares of Papa John's, which rallied on the news of Lynch's hiring, are up more than 10% this year.