Primark and Domino’s do well

domsIt seems the current economic climate hasn’t got in the way of fast food fans, with Domino’s Pizza announcing that our appetite for the “treat” will help it generate 1,500 jobs this year.

The news comes after the cheesy chain, which promises to deliver within 30 mins, announced that it had sold 61 million pizzas last year, resulting in its 2012 annual profits rising by 11 percent to £46.7 million.

However, it admitted that on average its serving area was small, estimating that on average 19 percent of households were customers.

As a result the company has baked a plan to create more franchise-run stores as part of a drive for around 1,200 outlets, which it hopes will expand its customer waistlines, reach.

More than half of sales were made online, with 56 percent accounting for internet orders  compared to 44 percent a year earlier.

The chain said the rise was as a result of a range of factors. This included store openings, online demand, new stuffed-crust products and a busy summer of sporting events.

Its UK franchisees opened 57 new shops – taking the total to 727.

However 2013 had seen a flat start as a result of the snowy weather which  forced 498 UK stores to close at some point during the first seven weeks of the year.

And it’s not just Domino’s which is raking in the cash, with Associated British Foods claiming it will see a rise in its profits this year as a result of its clothing arm Primark riding high on the highstreet waves.

The company said sales at the cheap clothing chain had risen by 25 percent in the last six months and by seven percent from shops which had been open at least a year.

Over this period the company had opened 15 new stores, including a second store on London’s Oxford Street.