In the News
Italy says "arrivederci" to Domino's Pizza
Global brands and franchise models don't always make a successful transition to a new country and Domino's decision to shut-down their Italian operations is an example.
Having set an ambitious target of reaching a 2% market share in Italy by 2030, Domino's stopped taking orders on their Italian website at the end of July and has now closed down their Italian business. Read this article from the Financial Times.
The business has run into several tough headwinds including increased running costs, high debts and “an exponential increase” in competition from traditional pizza restaurants offering delivery through an app.
Is it really a surprise that the country with reputedly the best pizza in the world has not warmed to the industrial and expensive pizza served up by Domino's?