Jubilant FoodWorks aims to set up 120 stores in 2019

Jubilant FoodWorks (JFL) is looking at setting up more than 120 stores in both existing and new markets this year by spending Rs 200-250 crore on capacity expansion. JFL is an operator of Domino’s Pizza and Dunkin’ Donuts.

The company launched 40 stores in the July-September quarter. It has an overall count of 1,283 restaurants across 276 cities.

Pratik Pota, Chief Executive Officer of JFL, said, “As consumers seek more convenience, they want the option of home delivery and there are many more brands to bring them delivery. It is also a reflection of the current consumer sentiment.”

“The company is responding to the changing consumer dynamics where there is a shift away from dining-in. We recognise the importance of dine-in as a channel for maintaining consumer connects. So, even as we work with aggregators to drive market expansion, we will also invest in building our own digital assets and investing in strengthening dine-in,” Pota added.

The company is eyeing initiatives to drive dine-in growth and remain invested in accelerating delivery growth.