That is substantially higher than the usual hike of 3% to 4% the chain typically forecasts.ĭomino’s also announced in its earnings call that Allison is retiring in April. The company previously said it expects to deal with “unprecedented increases” in food prices, saying that the costs of its ingredients are up 8% to 10% compared to last year. Domino’s also made that deal an online exclusive, which means that fewer workers are needed to answer phones. The chain recently announced changes to its chicken wings deal, including cutting servings from 10 pieces to just eight as costs soar. Inflation is taking a bite out of Domino’s. Last month, Domino’s incentivized customers to choose carryout with a $3 credit for use on future online pickup orders. The $5.99 price point will remain for carryout orders because they cost the company less since they don’t require delivery drivers, who are hard to find in a tight labor market. Some of the other options currently on the menu are medium 2-topping pizza, bread twists, salads and marbled cookie brownies. “We believe that $6.99 is still a great relative value for our delivery customers, offering variety, great taste and a competitive price while also reflecting the increased costs inherent in a delivery order,” Domino’s CEO Ritch Allison said on an investor call Tuesday.ĭomino’s also is expanding the items available in the deal, including the addition of 32-piece parmesan bread bites, 6-piece wings and 3-piece chocolate lava cakes. Domino’s said the price, which won’t change for carryout purchases, takes effect March 14. The pizza chain announced that its “Mix and Match” deal, which lets customers choose two or more items for $5.99 each, will soon cost $1 more each for delivery orders. economy and how that is hitting many of the inputs that we have for our business, from meats to cheese to some of the grains that go into the production of our products.Domino’s is raising the price on one of its top promotions. ![]() "I think many of you are aware of the significant inflation across the U.S. "We expect unprecedented increases in our food cost basket versus 2021," Allison said at a conference this week. Furthermore, labor costs will keep rising as well. Luckily, the other popular value offer synonymous with Domino's-the $5.99 Mix and Match delivery deal-will remain unchanged for now.Īccording to Restaurant Business, the changes are motivated by the chain's rising costs of food, which are expected to increase another 8% to 10% this year. The deal gives you the option of a three-topping pizza or a 10-piece chicken wings order and, in a few weeks, the wings option will be reduced to 8 pieces only. However, it will still be available through the chain's website ordering system and its mobile app.īut even its value is diminishing. According to CEO Ritch Allison, the $7.99 carryout deal is going digital-only, which means you won't be able to take advantage of it if you're ordering over the phone or in person. America's largest pizza chain will be ending a popular long-standing deal-at least the version of it we've grown to know and love. ![]() ![]() The latest chain to announce major changes to a beloved, nationally-available deal is Domino's. RELATED: America's Second-Largest Burger Chain Is Rumored to Have This New Sandwich In the Works
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