Domino’s Pizza to exit four int’l markets

18 October, 2019 12:00 AM printer

LONDON: Domino’s Pizza Group, Britain’s biggest pizza delivery company, said on Thursday it will exit its international markets, where it has been facing mounting losses.

Outgoing CEO David Wild said in a trading statement on Thursday that the performance of Domino’s Pizza’s international business was “disappointing”, report agencies.

“Over the past six weeks we have completed a review with external consultants, assessing each of our four international markets and the future prospects for our businesses,” said Mr Wild.

“We have concluded that, while they represent attractive markets, we are not the best owners of these businesses. The board has therefore decided to exit the markets in an orderly manner.”