Dominos Pizza
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Domino's Pizza corporate headquarters in Ann Arbor, Michigan.
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| Domino's | |
| Public | |
| Traded as | : DPZ S&P 400 Component |
| Industry | Pizzerias |
| Founded | June 10, 1960 Ypsilanti, Michigan, U.S. |
| Founders | Tom Monaghan James Monaghan |
| Headquarters | Domino Farms Office Park Ann Arbor Charter Township, Michigan, United States |
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Area served
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Worldwide |
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Key people
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Tom Monaghan, Founder J. Patrick Doyle, CEO |
| Products | Italian-American cuisine, Pizza, pasta, chicken wings, submarine sandwiches, wraps, desserts |
| Revenue |
 $2.2165 billion USD (2016) |
| $405.4 million USD (2015) | |
| $306.2 million (2015) | |
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Number of employees
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260,000 (2015) |
| Website | www |
Domino's Pizza Inc. is an American pizza restaurant chain. The corporation is headquartered at the Domino Farms Office Park Ann Arbor Charter Township, Michigan, United States, near Ann Arbor, Michigan. Founded in the United States in 1960, Domino's is in 82 countries, making it the second-largest franchised pizza chain after Pizza Hut.
In March 2017, Domino's announced a pilot project in Dutch and German cities using ground drones to deliver food within a one-mile radius of stores in partnership with Starship Technologies.
In 1960, Tom Monaghan and his brother, James, purchased DomiNick's, a small pizza store at 301 West Cross Street in Ypsilanti, Michigan, near Eastern Michigan University. The deal was secured by a $500 down payment, and the brothers borrowed $900 to pay for the store. The brothers planned to split the work hours evenly, but James didn't want to quit his job as a full-time postman to keep up with the demands of the new business. Within eight months, James traded his half of the business to Tom for the Volkswagen Beetle they used for pizza deliveries. By 1965, Tom Monaghan had purchased two additional pizzerias; he now had a total of three locations in the same county. Monaghan wanted the stores to share the same branding, but the original owner forbade him from using the DomiNick's name. One day an employee 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.
The company logo originally had three dots, representing the three stores in 1965. Monaghan planned to add a new dot with the addition of every new store, but this idea quickly faded, as Domino's experienced rapid growth. Domino's Pizza opened its first franchise location in 1967 and by 1978, the company expanded to 200 stores. In 1975, Domino's faced a lawsuit by Amstar Corporation, the maker of Domino Sugar, alleging trademark infringement and unfair competition. On May 2, 1980, the Fifth Circuit Court of Appeals in New Orleans found in favor of Domino's Pizza.
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Wikipedia