The well -known pizza chain Domino Pizza has announced recently that its Italian branch has announced bankruptcy and will close all stores in Italy and completely withdraw from the Italian market.
Domino pizza already has over 12,000 stores worldwide. In 2015, he opened the first branch in Milan through signing a franchise agreement with the local company Epizza in 2015. By 2021, Domino Pizza had 34 branches in Italy and plans to open 850 stores in the next ten years. However, with the arrival of the epidemic, a large number of Italian competitors began to use the same delivery on -site model to sell pizza. Domino pizza business plummeted and eventually went bankrupt.
The local people of Italy were not surprised to the news of the Domano pizza withdrawn from the Italian market. Some people commented in an interview, “This is like Italians run to China to open a martial arts museum, which is meaningless.”
Post time: Aug-12-2022