World Domino's Pizza to close all of its 29 stores in Italy

tom_mai78101

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Domino’s Pizza Inc.’s footprint in the home of Pizza proved to be short lived with Italians favoring local restaurants over the American version.

The last of Domino’s 29 branches have closed after the company started operations in the country seven years ago. It borrowed heavily for plans to open 880 stores, but faced tough competition from local restaurants expanding delivery services during the pandemic and sought protection from creditors after running out of cash and falling behind on its debt obligations.

The US chain entered Italy in 2015 through a franchising agreement with ePizza SpA and planned to distinguish itself by providing a structured national delivery service along with American-style toppings including pineapple.

Its ambitious expansion ran into trouble as traditional pizza makers scaled up deliveries or signed deals with third-party services such as Deliveroo Plc, Just Eat Takeaway.com NV or Glovo to bring their products to customers’ homes while restrictions prevented dining out.

“We attribute the issue to the significantly increased level of competition in the food delivery market with both organized chains and ‘mom & pop’ restaurants delivering food, to service and restaurants reopening post pandemic and consumers out and about with revenge spending,” ePizza said in a report to investors accompanying its fourth-quarter 2021 results.

 
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  • jonas jonas:
    Wow
  • jonas jonas:
    Is the school system in your country similar to Chinese school system? I could never imagine being a teacher in a Chinese school, what's expected of students and teachers is just so different from what I'd be looking for as a teacher
  • vypur85 vypur85:
    A Levels is based on the UK syllabus offered internationally. So the syllabus is similar throughout different countries, taught in english.
  • vypur85 vypur85:
    I can't speak or write or read much chinese... Too difficult....... Which also makes my life here in china a lil difficult.
  • jonas jonas:
    Oh, I see. I thought Chinese version of A-levels :D
  • jonas jonas:
    I've been using the translate app a lot on my phone. take a photo, translate. take another photo, translate again :D
  • jonas jonas:
    it also has voice translation, my colleagues sometimes use that
  • jonas jonas:
    You came during the 0 covid policy right? How'd you get through quarantine? Did you have some help with the apps and green codes?
  • tom_mai78101 tom_mai78101:
    If you have any Chinese you need help with, let me know.
    +1
  • vypur85 vypur85:
    @jonas Those were the things I did too. Translate app and VPN are always the most important things to have to survive. Lol.
  • vypur85 vypur85:
    Yea I came last year. I was quarantined for about 30 days. Fml. The first day of my quarantine was the eve of Chinese new year last year. Fml again... Lol.
  • vypur85 vypur85:
    @tom_mai78101 IIRC you're from Taiwan right.
  • The Helper The Helper:
    I thought China had cracked down on having any foreign teachers?
  • vypur85 vypur85:
    Yeah I've heard of the news before. My school is still actively hiring foreign teachers. Not sure how things work now.
  • The Helper The Helper:
    yeah it is hard to get reliable information about that kind of stuff
  • The Helper The Helper:
    but you are doing it so it is still doable
  • vypur85 vypur85:
    I think it doesn't affect existing foreign teachers. Then again, its still weird that my school is hiring.
  • The Helper The Helper:
    Happy Monday people hope everyone has a fantastic week!
  • Ghan Ghan:
    Happy Monday?! That's a contradiction.
  • jonas jonas:
  • jonas jonas:
    please put this in the news section, it's crazy
  • tom_mai78101 tom_mai78101:
    Technically, you can post in the Headline News. Just posted your news there.
  • tom_mai78101 tom_mai78101:
    I'm not aware of you not being able to post news.
  • jonas jonas:
    I think technically I can I just forget how

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