Domino’s Pizza began when Tom and James Monaghan bought DomiNick’s Pizza in Ypsilanti, Michigan. In 1965, the company name was changed to Domino’s Pizza.
In 1967, the first franchise location was opened.
By 1978, there were 200 locations.
In 1983, the company expanded to Canada with a store in Winnipeg. The 1000th store also opened this year.
In 1985, the first UK location opened in Luton. A location also opened in Tokyo this same year.
In 1998, Tom Monaghan retired and sold 93% of Domino’s to Bain Capital.
In 2004, the company went public.
In 2006, the 5000th US location was opened in Huntley, Illinois.
In 2012, the company dropped the word “Pizza” from its name to enhance its other food offerings.
In 2018, the company began opening stores at a more rapid pace, adding 232 stores in the last quarter of 2017. This has resulted in shorter drives for delivery drivers, which is increasing the amount they earn in tips.
Domino’s saw their stock fall in March of 2020, while competitor Papa Johns rose. Both companies were forced to stop in-store dining and provide delivery or take out orders only due to the COVID-19 virus and subsequent quarantine.
Today, there are more than 16,000 Domino’s location in over 70 countries. Domino’s is the 2nd largest Pizza chain in the US.