FAST FOOD RESTAURANTS – AUSTRALIA

Domino’s wage deal voted up

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 5 : 1-Feb-18

Some 89 per cent of Domino’s Pizza Enterprises employees who participated in a ballot have voted in favour of a new enterprise agreement. The new pay deal, which is the pizza chain’s first in about five years, includes full penalty rates and casual loading for the first time. The enterprise agreement had the support of the Shop, Distributive & Allied Employees’ Association, although the Retail & Fast Food Workers Union was against some aspects of the new pay deal.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, RETAIL AND FAST FOOD WORKERS UNION INCORPORATED

Domino’s faces $35m higher wage bill

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 5 : 2-Nov-17

Domino’s Pizza Enterprises will have to provide its 22,000-strong workforce with penalty rates after the Fair Work Commission terminated more than 20 enterprise agreements. The Retail & Fast Food Workers Union has estimated that Domino’s was saving between $A35m and $A50m a year by continuing to employ staff under the agreements, which had expired in 2005 and 2009. The FWC has given Domino’s until late January to shift employees to the industry award, but the fast-food chained has advised that it will introduce penalty rates in December.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, AUSTRALIA. FAIR WORK COMMISSION, RETAIL AND FAST FOOD WORKERS UNION INCORPORATED, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, McDONALD’S AUSTRALIA LIMITED, DEUTSCHE BANK AG

High-stakes hearing looms for Domino’s

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Original article by Adele Ferguson
The Age – Page: 21 : 11-Oct-17

A Fair Work Commission hearing is scheduled for 1 November on an application to terminate existing enterprise agreements for Domino’s Pizza Enterprises staff. The Shop, Distributive & Allied Employees’ Association applied to terminate an enterprise agreement in July, although it is continuing to hold negotiations with the fast-food group. The Retail & Fast Food Workers Union is also seeking to have a Domino’s enterprise agreement terminated. Domino’s is also being investigated over allegations of wage fraud.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, AUSTRALIA. FAIR WORK COMMISSION, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, RETAIL AND FAST FOOD WORKERS UNION INCORPORATED, AUSTRALIA. FAIR WORK OMBUDSMAN, DEUTSCHE BANK AG

Pizza Hut must pay weekend penalties

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 2-Oct-17

The Fair Work Commission ruled on 29 September that the national workplace agreement between Pizza Hut and the Shop Distributive & Allied Employees Association be terminated. The termination was made at the request of the SDA, but both it and Pizza Hut were not aware of the decision when asked for comment. The decision means Pizza Hut workers revert to the relevant award. As a result, their normal hourly rates will be reduced, but they will now receive full weekend and evening penalty rates.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, PIZZA HUT AUSTRALIA, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, ALLEGRO FUNDS PTY LTD, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, RETAIL AND FAST FOOD WORKERS UNION

Pay shake-up looms for nation’s retailers

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Original article by Robert Gottliebsen
The Australian – Page: 29 : 6-Sep-17

The majority of large Australian retailers have union-endorsed enterprise agreements, but grocery giant Coles is widely tipped to abandon its disputed workplace agreement in favour of the industrial award system, a move that is likely to be followed by other retailers. Coles employees who are on weekend shifts would receive a pay rise, although staff who only work on weekdays would face a pay cut unless Coles implements a "grandfathering" arrangement for existing employees. About 300,000 employees of large retailers would be affected if the awards system is widely adopted, as well as potentially a further 100,000 fast-food workers.

CORPORATES
COLES SUPERMARKETS AUSTRALIA PTY LTD, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, AUSTRALIAN LABOR PARTY, ACTU, AUSTRALIA. FAIR WORK COMMISSION, ALDI STORES SUPERMARKETS PTY LTD, MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, BUNNINGS GROUP LIMITED, WOOLWORTHS LIMITED – ASX WOW, KMART AUSTRALIA LIMITED

Domino’s boss red-faced at missed target

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Original article by Sue Mitchell
The Australian Financial Review – Page: 15 & 25 : 16-Aug-17

Domino’s Pizza Enterprises has posted a lower-than-forecast 2016-17 underlying net profit of $A118.5m. The result was 29 per cent higher than previously, compared with guidance of 32.5 per cent growth. Same-store sales growth in Australia and New Zealand fell from 17.4 per cent in the first half to 10 per cent in the second half, and Domino’s has flagged growth of just eight per cent in 2017-18. Domino’s has flagged net profit growth of around 20 per cent in 2017-18.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, DEUTSCHE BANK AG, WATERMARK FUNDS MANAGEMENT PTY LTD

Coca-Cola Amatil loses Domino’s contract to Pepsi

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Original article by Sue Mitchell
The Australian Financial Review – Page: 15 & 20 : 7-Jul-17

Domino’s Pizza Enterprises says customer testing prompted it to replace Coca-Cola Amatil as its beverages supplier in Australia. Pepsi/Schweppes won the tender to supply soft drinks and bottled water. Michael Simotas of Deutsche Bank says Domino’s may be seeking to offset its move to start paying penalty rates, as Pepsi drinks tend to cost less than those of CCA. Woolworths recently advised that its supermarkets will not stock CCA’s latest sugar-free Coca-Cola product, on the grounds that consumers already have sufficient choice.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, COCA-COLA AMATIL LIMITED – ASX CCL, PEPSICO AUSTRALIA PTY LTD, SCHWEPPES AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, COLES SUPERMARKETS AUSTRALIA PTY LTD, HUNGRY JACK’S PTY LTD, 7-ELEVEN STORES PTY LTD, McDONALD’S AUSTRALIA LIMITED, SUBWAY SANDWICHES PTY LTD, RED ROOSTER FOODS, PIZZA HUT AUSTRALIA, DEUTSCHE BANK AG, NEXBA BEVERAGES PTY LTD, UBS HOLDINGS PTY LTD, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION

Domino’s no longer flavour of the month

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Original article by Eli Greenblat
The Australian – Page: 19 & 31 : 23-Jun-17

Craig Woolford of Citigroup says Domino’s will need to take better care of its franchisees if it is continue to maintain store growth. He notes that the typical Australia/New Zealand Domino’s store has seen its income grow by just 1.2 per cent over the last 12 years, compared with 9.5 per cent for the company as a whole. Woolford rates the stock a "sell". Domino’s shares fell by four per cent on 22 June, bringing to its decline since the start of 2017 to almost 20 per cent.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, CITIGROUP PTY LTD, DEUTSCHE BANK AG, JP MORGAN AUSTRALIA LIMITED, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, ARISTOCRAT LEISURE LIMITED – ASX ALL, TREASURY WINE ESTATES LIMITED – ASX TWE, CSL LIMITED – ASX CSL, COCHLEAR LIMITED – ASX COH, ARMYTAGE PRIVATE LIMITED

Ten new probes into Domino’s

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Original article by Mario Christodoulou
The Age – Page: 20 : 1-Jun-17

Domino’s Pizza Enterprises has advised that the scale of its internal investigation into wage fraud means a report on the probe will be released up to six months behind schedule. Meanwhile, the Fair Work Ombudsman has indicated that it is now carrying out 26 separate investigations into the underpayment of Domino’s employees. Domino’s CEO Don Meij said earlier in 2017 that about 2,400 employees had been underpaid over a period of three years.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, AUSTRALIA. FAIR WORK OMBUDSMAN, AUSTRALIA. SENATE EDUCATION AND EMPLOYMENT LEGISLATION COMMITEE

Boutique burgers and fancy fowl: the hipsterisation of fast food

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-Dec-16

A Roy Morgan Single Source survey has found that 29.4 per cent of Australians visited McDonald’s at least once in an average four weeks in the year to September 2016, compared with 31.2 per cent in the year to September 2012. While this is due partly to the shrinking proportions of Generations Y (from 39.4 per cent to 35.3 per cent) and Z (from 40.3 per cent to 36.1 per cent) eating at or taking away from the hamburger giant, Generation X and Baby Boomers also appear to be losing interest. Grill’d has seen a slight year-on-year increase among Generation X visitors, but a noticeable drop among Gen Y (from 8.0 per cent to 5.4 per cent), and little change among Gen Z (8.3 per cent to 8.1 per cent). Meanwhile, the proportion of Australians visiting KFC has fallen from 20.4 per cent to 19.3 per cent since 2012. Like McDonalds, KFC’s popularity is strongest with Gens Y (23.9 per cent) and Z (26.2 per cent). Domino’s Pizza also continues to draw the younger generations, with Gen Y up from 13.6 per cent to 15.3 per cent, and Gen Z up from 14.2 per cent to 18.5 per cent, a growth also seen across other generations.

CORPORATES
ROY MORGAN RESEARCH LIMITED, McDONALD’S AUSTRALIA LIMITED, GRILL’D PTY LTD, KFC, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, HUNGRY JACK’S PTY LTD, RED ROOSTER FOODS, NANDO’S AUSTRALIA PTY LTD, OPORTO PTY LTD, PIZZA CAPERS