Domino’s Pizza Sales Soar
Recent news from London has announced that the fast food/take away brand Domino’s Pizza plans to create 1,500 jobs through the opening of new stores throughout the UK.
The announcement comes on the back of a 25% increase in pre-tax profits, which is partly attributed to its sponsorship of ITV’s Britain’s Got Talent as well as the impact of the recession, with more people staying in and watching the TV whilst also opting for stay intake away meals instead of dining out in expensive restaurants.
The pizza delivery giant also said that it would be increasing advertising spend to £20m during 2009 – as the recent advertising campaign during Britain’s Got Talent has prompted bosses to increase spends in the advertising department.
This week it was revealed that KFC is planning to open 300 new restaurants over the next three to five years. The fast food chain, which already has an existing 760 outlets in the UK, is understood to be bucking the trend of the recession, with more consumers purchasing cheaper eat-out deals.
These new stores are part of £150m investment that will create around 9,000 jobs in the UK, which will also help with the current climate of job loss’s and the unemployed rising at a dramatic rate.
The un-employed even if they have high skills in other area’s are relying more on ‘middle-class’ jobs just bar work and waitress/waiter jobs to help top up their wages from pay cuts, a second form of income or even a fill in job whilst the recession takes place, so the rise in sales in the fast food industry meaning more jobs is fantastic news for everyone in this current climate.
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