ANN ARBOR, Mich. /PRNewswire-FirstCall via COMTEX/ -- Approaching 50 years in the business, Domino's Pizza (NYSE: DPZ), the recognized world leader in pizza delivery, announced today it is changing its core pizza recipe. With a new garlic seasoned crust, robust sauce and more flavorful shredded cheese, Domino's new hand-tossed pizza has been reinvented to deliver more taste -- and Domino's is backing it up with a guarantee.
Rolling out over the course of the next few weeks, Domino's new pizza will be in all U.S. stores beginning December 27.
"2010 will be our 50th year in the business, and we are kicking it off with the most aggressive promotion in the history of our company," said Domino's Chairman and CEO David A. Brandon. "This is the biggest product introduction we've done since...well, pizza."
The primary changes include:
"The fact is, we love our pizza, but as times change, so do consumer tastes," said Russell Weiner, Domino's Chief Marketing Officer. "We've created a pizza to reflect what consumers are looking for. We're not talking about a slightly-altered version of our previous pizza. It's a completely new pizza reinvented from the crust up, and we are proud of it. To us, it's as big as McDonald's changing the Big Mac, or Burger King reinventing the Whopper. We spent the last 18 months reinventing the brand in anticipation of our 50th anniversary."
Weiner noted that more than 80 percent of the Domino's menu is new since 2008. Added to the menu since that time:
"The cherry on the top of all this recent innovation is our newly-inspired pizza," said Weiner. "Our inspiration came from the thousands of direct consumer feedback messages on several social media channels.
"Over a two-year period, we tested dozens of cheeses, 15 sauces, and nearly 50 crust seasoning blends and researched every possible combination with customers who order from us all the time and customers who haven't tried us in years. Our extensive research showed that the new pizza is significantly improved over our previous pizza."
Domino's Pizza will be marketing this new pizza aggressively in the next several weeks with advertising on many top-rated entertainment and sports programs, sampling opportunities throughout the country and a strong web-based presence, Weiner said.
Advertising produced by creative agency Crispin Porter + Bogusky will include documentary-style anecdotes featuring real Domino's Pizza team members. The spots, filmed at Domino's World Resource Center in Ann Arbor, Michigan will show how the company took on the challenge of changing the negative perceptions of some consumers nationwide.
"We've long been known for service," said Weiner. "With this new pizza we are convinced Domino's can be known for both quality and service. That's why we're introducing this new pizza with a guarantee: If you are not completely satisfied with your Domino's pizza experience, we will make it right or refund your money.
"The entire company has been involved in this," Weiner continued. "From our CEO to our franchisees; from our supply chain division to our supply partners; from our product development team to our marketers -- everyone has had a hand in reinventing our pizza."
Founded in 1960, Domino's Pizza is the recognized world leader in pizza delivery. Domino's is listed on the NYSE under the symbol "DPZ." Through its primarily locally-owned and operated franchised system, Domino's operates a network of 8,886 franchised and Company-owned stores in the United States and 60 international markets. The Domino's Pizza(R) brand, named a Megabrand by Advertising Age magazine, had global retail sales of over $5.5 billion in 2008, comprised of nearly $3.1 billion domestically and over $2.4 billion internationally. During the third quarter of 2009, the Domino's Pizza(R) brand had global retail sales of over $1.2 billion, comprised of over $672 million domestically and over $570 million internationally. Domino's Pizza was named "Chain of the Year" by Pizza Today magazine, the leading publication of the pizza industry. In 2009 Domino's ranked number one in customer satisfaction in a survey of consumers of the U.S. largest limited service restaurants, according to the annual American Customer Satisfaction Index (ACSI).
SOURCE Domino's Pizza