Today, the fast-casual chain has 227 locations across the US and the UK. “With his extensive experience from Starbucks, Josh possesses a deep understanding of complex financial issues across multiple states, countries and continents that will help guide MOD’s strategic vision for the future. Which happened on a non-Friday and the regular workers who are usually there weren't there. SEATTLE — Josh Guenser has joined MOD Super-Fast Pizza Holdings, LLC as chief financial officer.
The result was MOD Pizza. On top of that, he has a deep interest in contributing to a company where profit and positive social impact co-exist. Tristan has no interest in sugar-coating things for dear old Dad.” Prospect, Illinois, Photographer: Christopher Dilts/Bloomberg Welcome to MOD. Svenson and his wife, Ally, founded MOD Pizza in Seattle in 2008.
Guenser spent the last 10 years at Starbucks Corp., most recently as senior vice president of finance for the Americas. They wondered, was there a way to innovate this restaurant segment? "Then, there were a number of years where there was an explosion. MOD Pizza, which exists to serve its employees (often "second chance hires") and its broader community, has managed to keep nearly all of its 480 restaurants open. I'd also recommend having a standard of four people per close to help employees go home closer to their scheduled out time.
Ultimately, though, “the idea prevailed that keeping our stores operational and continuing to serve people, while keeping our employees safe, is part of our larger responsibility to the communities we serve and our Squads [employee teams].”)Due to reduced customer volume and the increased speed with which a digital order can be assembled, restaurant employees are frequently being assigned shorter hours these days.
It seemed like everyone wanted to get rich quick by opening their own take on the "Chipotle of pizza." The company reported 2019 systemwide sales of $493 million, a year-over-year increase of 24% and company net revenue of $393 million, up 26% over 2018. It’s the stores that are located in the heart of their communities; it’s the stores where we have the most MOD Squadders [employees] who are living paycheck to paycheck; it’s the stores that employ the ‘impact hires.’”(“Impact hires” is a catchall term that encompasses three types of employees that MOD makes a point of employing, often in collaboration with the experts who run local community outreach organizations: • “Opportunity youth,” age 18-24, who are chronically under-employed and statistically likely to offend if not given a chance to work. He served as CFO of Pizza Hut U.S. from 2005 to 2010 before transitioning to a global role as President and CFO of Yum! Svenson is adamant, however, that what MOD is doing can only go so far, in the face of the acute and deep-seated inequalities its employees and others like them face. Melia Robinson/Business Insider ""I think there's more rationality now," Svenson continued. Those check-in calls keep me strictly in line, believe me! According to Svenson, on average, employees make 25% above the local, federal, and state minimum wage.
The result was MOD Pizza.
Create a people-first culture where everyone could thrive. MOD helped kick off the trend of pizza chains that prepared their pies made to order, with customers picking fresh ingredients at the counter, Chipotle-style.
The first MOD opened in 2008 in downtown Seattle, and the “pizza with a purpose” brand grew from there. “And what we clarified in the painful meetings we had as the crisis unfolded, is that the vessel for this service always has been, and needs to remain, our individual stores. The chain has worked to "There aren't a lot of barriers to entry for pizza," Svenson said.So, if a chain wants to thrive, it needs to set itself apart from the competition – especially now that fast-casual pizza chains aren't the investor bait they once were.Svenson says that MOD's expansion has already far exceeded his original expectations, and that the chain's current growth plan is something akin to Chipotle's 2,250 locations. Restaurants International.
MOD Pizza Restaurants Bellevue, Washington 14,400 followers We make pizza so we can serve people. "It's easy to open one store and send out a press release that you're going to be the 'Chipotle of pizza.' MOD Pizza is a fast casual pizza restaurant chain based in the United States. MOD Pizza operates more than 480 locations throughout North America. 2017-08-03T14:00:07Z Soon their entrepreneurial spirit kicked in and they began exploring ideas that combined their love of business, people and purpose. MOD Pizza, a fast-casual pizza joint, is taking the world by storm, growing at a ridiculous pace. System sales at the chain have more than quintupled since 2015, to nearly $400 million from $65 million. Our pizza is a very social event, whether at the family level or when enjoyed by a business team or sports team or other ‘tribe.’ And even if they want to, will consumers have the money to spend like they used to? By continuing to browse the site you are agreeing to our use of cookies in accordance with our The bakery generates more than 200 SKUs on seven production lines for nearly 50 different customers.
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