UK’s Domino’s Pizza to exit foreign markets to cut down on operational costs

BRITAIN – Britain’s biggest pizza delivery company, Domino’s Pizza Group Plc has said that it would pull out from its loss-making international operations, sending shares higher in early trade. The move to exit four European markets comes a few months after the company announced that its CEO David Wild would retire, amidst a row with disgruntled franchisees in the UK and Ireland over commercial terms.  “We have concluded that, whilst they represent attractive markets, we are not the best owners of these businesses,” outgoing CEO Wild said. The company however…

Read More