Domino's Pizza Company History Timeline

With the aid of a 900 loan from the Post Office credit union, in December 1960 Jim and Tom Monaghan were in business in Ypsilanti, Michigan.
Domino s pizza restaurant history began in 1960 with just one location.
Domino's Pizza was founded by brothers Tom and Jim Monaghan in 1960.
Tom later purchased two more pizzerias, he wanted the additional stores to have the same branding but the original owner of Dominick s forbade him to do so, that s why he later revamped its image and changed its name to Domino s Pizza in 1965.
One day, an employee, Jim Kennedy, returned from a pizza delivery and suggested the name Domino's . Monaghan immediately loved the idea and officially renamed the business Domino's Pizza, Inc. in 1965.
In February 1966 Monaghan bought one more shop from Gilmore, but later that year Gilmore filed for bankruptcy, with a total debt of 75,000, in Monaghan's name.
1967 The first Domino's Pizza franchise store opens in Ypsilanti.
Monaghan opened 32 stores in 1969 and was hailed as Ypsilanti's boy wonder.
Originally from Ohio, Mueller bought a franchise in Ann Arbor in 1970, during Domino's lowest period.
Domino's introduced its corporate logo, a red domino flush against two blue rectangles, in 1975.
However, in 1978 the 200th Domino's store opened, and things really began to cook.
As Domino's grew, Mueller went on to become vice-president of operations in 1978.
The company ended 1979 by announcing plans to expand internationally.
On May 2, 1980, the Fifth Circuit Court of Appeals in New Orleans found in favor of Domino's Pizza.
In 1983, Monaghan bought the Detroit Tigers.
1984 Headquarters are reestablished at Domino's Farms in Ann Arbor, Michigan.
Domino s became the fastest-growing pizza restaurant in the United States in 1985.
In 1985, the chain opened their first store in the United Kingdom in Luton.
Funding for the Partners Foundation, which was founded in 1986, was derived mostly from voluntary payroll deductions, functions sponsored by Domino's, and special events.
At first, international sales were minimal amounting to just 16 million in 1986.
Domino's opened its 5,000th store by January 1989, moving into Puerto Rico, Mexico, Guam, Honduras, Panama, Colombia, Costa Rica, and Spain.
In yet another change, Domino's dropped its famous 30-minutes-or-less pledge after a jury awarded a 78 million settlement to a woman who had been hit by a Domino's delivery driver in 1989.
In 1989 the history of Domino's Pizza was to change when the Deep Pan pizza was introduced, for the first time in twenty five years the company was being forced to react to market demand.
Domino's was built on simple concepts, offering just delivery or carry-out and an extremely limited menu for more than 30 years, the company offered only two sizes of pizza, 11 topping choices, and--until 1990--only one beverage, cola.
With Domino's sales slipping, and rivals Pizza Hut and Little Caesar's gaining market share, Monaghan returned to Domino's in March 1991 to pull his company back on track.
Domino's 1991 systemwide revenues remained flat at 2.6 billion, and the company posted a loss of 67 million.
The next year, they won the World Series . Monaghan sold the Tigers in 1992 to Mike Ilitch, cofounder of Little Caesars.
In 1992 Domino's began the national roll-out of bread sticks, the company's first national non-pizza menu item.
In 1992 it added bread sticks the next year it introduced Ultimate Deep Dish Pizza and Crunchy Thin Crust Pizza.
In 1993 Domino Pizza discontinued this policy and stated that if a customer was unhappy they could have a new pizza or a refund.
In 1993 Crunchy Thin Crust Pizza was introduced nationwide.
In 1993, they became the second American franchise to open in the Dominican Republic and the first one to open in Haiti, under the direction of entrepreneur Luis de Jes s Rodr guez.
In 1994 the first Domino's store in eastern Europe opened in Warsaw, Poland.
In 1994 Domino's eliminated its 30-minute delivery guarantee after a jury in St Louis, Missouri, awarded 78 million to a woman who was injured in a collision with a Domino's delivery van.
Buffalo Wings, a chicken product, was added in 1994.
kramer, louise. franchisee group hits domino's with antitrust suit. nation's restaurant news, 11 september 1995.
With a stated goal of having more international than domestic stores, Domino's opened stores in Ecuador, Peru, and Egypt in 1995, and planned to have 3,000 international stores by the year 2,000.
In 1995, the Partners Foundation addressed 600 cases, of which 579 received support.
By 1995, Domino's had expanded to 1,000 international locations.
Domino's successfully introduced its Roma Herb Crust Pizza in June 1996 and its Garlic Crunch Crust in November 1996, although both were billed as limited-time promotions.
horovitz, bruce. domino's theory toss old image, get back to top. usa today, 13 june 1996.
In 1996 Domino's announced that it was planning a new image for the company.
In March 1997 Domino's announced its previous year results, which dispelled any doubts that the company was back on track.
The special tax break was expected to cost the United States government about 6 million in lost revenue in 1997.
In 1997, Domino's expanded its crust offerings with a new Pesto Crust Pizza.
As of 1997 Domino's has been a national sponsor of Project Safe Place, a network of safe places where young people in trouble can go to request help.
Domino's had 4,431 pizza delivery stores in the United States and more than 1,521 units in 59 foreign countries by the end of 1997. Its 1997 sales were 3.16 billion, earning Domino's a place as the two-hundredth largest private company on the Forbes Private 500 list.
Revenues increased 4.4 percent over 1998.
Early in 1998 Domino's stores began using a new pizza delivery bag called HeatWave that had been developed by the company.
1998 Monaghan sells a controlling 93 percent stake in the company to Bain Capital, Inc. the company is renamed Domino's, Inc.
The company announces record results for 1999, with worldwide sales exceeding 3.36 billion.
Revenues increased 5.3 percent over 1999.
1999 Monaghan retires as chairman and CEO and is succeeded by David A. Brandon.
Domino's Pizza announces record results for 2000.
Revenues increased 6.8 percent over 2000.
Doyle oversaw the opening of the 2,000th Domino's located outside the United States in 2000, and then the following year his division purchased a majority stake in Dutch Pizza Beheer B.V., a Netherlands franchisee that operated 52 Domino's outlets in that country.
Domino's Pizza announces record results for 2001.
Back in the United States, there were several developments in 2001.
The corporation ended 2001 with net income of 36.8 million on revenue of 1.26 billion, while systemwide sales totaled 3.78 billion, an increase of 6.8 percent over the preceding year.
2001 Domino's Pizza International purchases a majority stake in Dutch Pizza Beheer B.V., a franchisee operating 52 Domino's outlets in The Netherlands.
In February 2002, Domino's Pizza acquires 82 franchised stores in the Phoenix, Ariz., market, making it the largest store acquisition in the company's history.
Including the employees of franchisees, there are about 145,000 Domino's workers around the world, and global systemwide sales in 2002 totaled 3.96 billion.
Consequently, while revenues were fairly flat in 2002, profits nearly doubled, hitting 60.7 million.
The new products kept coming in 2003 with the launch of another dessert item, Domino's Dots, balls of dough baked in cinnamon and sugar and served with a vanilla icing glaze.
2003 The company announces a multiyear partnership with NASCAR, becoming the Official Pizza of NASCAR Domino's has more than 7,300 stores worldwide by the end of the year.
Domino's Pizza Inc., the recognized world leader in pizza delivery, becomes a publicly traded company on the New York Stock Exchange NYSE in July 2004, under the new ticker symbol DPZ.
In 2004, Super Bowl Sunday was the most hectic pizza delivery day of the year when Dominos Pizza sold over a million pizzas, which was an increase of 42 percent on their normal Sunday trading volume.
In a simultaneous celebration in January 2006, Domino's opened its 5,000th United States store in Huntley, Illinois, and its 3,000th international store in Panama City, Panama, making 8,000 total stores for the system.
As of September 2006, Domino's has 8,200 stores worldwide, which totaled 1.4 billion in gross income.
In December 2006, Taiwan's Jinghua Hotel Group invested NT 500 million to acquire the rights for Domino's Pizza in Taiwan and Beijing.
Innovations edit In 2007, Domino's introduced its Veterans Delivering the Dream franchising program and also rolled out its online and mobile ordering sites.
In 2008, Domino s became one of the world s largest sandwich delivery restaurants overnight when it launched a line of toasty Oven Baked Sandwiches.
In 2008, Domino's introduced the Pizza Tracker, an online application that allows customers to view the status of their order in a real time progress bar.
And in December of 2009, Domino s Pizza announced their plans to reinvent their pizza.
Domino s Pizza accidentally gave away almost 11,000 free pizzas in 2009 because a customer found a promotional code that was created months before.
The following year, 2010 and Domino's 50th anniversary, the company hired J. Patrick Doyle as its new CEO and experienced a 14.3 quarterly gain.
1 Best CEO of 2011 by CNBC.
In 2011, Domino's launched a billboard advertising in New York's Times Square which displayed real time comments from customers, including good, neutral and bad comments.
Naming edit In August 2012, Domino's Pizza changed their name to simply Domino's.
In 2013, Domino s introduced their first vegan pizza in Israel, according to Food Beast.
In 2015, Domino s introduced their pizza car which can carry 80 pizzas, 2-liter bottles of sodas, sides, and dipping sauces.
In 2015, Domino s began their tweet to order service, allowing users to tweet a pizza emoji at the official Domino s account to place a direct order for delivery.
In February 2016, Domino's opened its 1,000th store in India.
In 2016, Domino s partnered with startup Flirtey to design the first pizza delivery drone.
In 2016, Domino's in New Zealand delivered the world's first pizza delivery by unmanned aerial vehicle using the DRU Drone by Flirety.
In 2017, Domino's launched a wedding registry service allowing couples to make pizza an official part of their big day.
In 2017, Dash Brands Ltd., a foreign investment company specializing in restaurant chains, obtained the exclusive rights for Hong Kong and Macau.
In June 2018, Domino's began repairing potholes in America as part of its Paving for Pizza initiative to prevent its pizzas from being damaged in transit.
Domino s Board of Directors promotes Richard Allison to the role of CEO, effective July 1, 2018.
2018 Domino's IP Holder LLC. Domino's , Domino's Pizza and the game piece logo are registered trademarks of Domino's IP Holder LLC. Coca-Cola and the Contour Bottle design are registered trademarks of The Coca-Cola Company.
In June 2019, Domino's announced a partnership with robotics company, Nuro.
Company Founded
Ann Arbor, MI
Company Headquarter
James Monaghan,Tom Monaghan,Dominick Divarti
Company Founders

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