April 26, 2024
Retail & Consumer
Domino’s Pizza tops sales among pizza chains in Korea
[THE INVESTOR] Domina's Pizza topped sales among pizza chains in Korea in 2015, the nation's antitrust watchdog said on Dec. 26.
According to the Fair Trade Commission, the US pizza giant's logged average sales of 748.76 million won (US$624,400) per shop in 2015, followed by Pizza Alvolo with 521.45 million won and Pizza Hut with 481.74 million won.
A local brand, Pizza School, had the largest number of franchised shops with 822 stores scattered throughout the country as of end-2015, while Pizza Alvolo increased the number of its franchises by the largest margin of 26.3 percent from the previous year.
In terms of operating profits, Food Zone, the franchisor of Pizza Maru, had the highest margin of 60.8 percent against its total sales, while Alvolo FNC, the franchisor of Pizza Alvolo, posted the second-highest margin of 54.6 percent.
The profit margins, however, represent those of the entire group, meaning their income may have come from other business areas
(theinvestor@heraldcorp.com)
According to the Fair Trade Commission, the US pizza giant's logged average sales of 748.76 million won (US$624,400) per shop in 2015, followed by Pizza Alvolo with 521.45 million won and Pizza Hut with 481.74 million won.
A local brand, Pizza School, had the largest number of franchised shops with 822 stores scattered throughout the country as of end-2015, while Pizza Alvolo increased the number of its franchises by the largest margin of 26.3 percent from the previous year.
In terms of operating profits, Food Zone, the franchisor of Pizza Maru, had the highest margin of 60.8 percent against its total sales, while Alvolo FNC, the franchisor of Pizza Alvolo, posted the second-highest margin of 54.6 percent.
The profit margins, however, represent those of the entire group, meaning their income may have come from other business areas
(theinvestor@heraldcorp.com)
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