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Domino’s tried to sell pizza to Italians. It failed

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Seven years after its debut within the nation, the American pizza large has formally shut its shops after it didn’t win over locals who most popular homegrown choices, in keeping with a report by Milano At the moment.
EPizza SpA, the franchise operator of the Domino’s (DMPZF) model in Italy, filed for chapter in April, after it struggled to make sufficient gross sales throughout two years of pandemic restrictions, in keeping with a doc filed in a Milan courtroom.
The corporate stopped exercise in all its Domino’s shops on July 20, in keeping with a report by Meals Service, an Italian meals trade publication.

Though some might attribute Domino’s failure to its brazen try and infiltrate pizza’s homeland with American fare, ePizza stated it went bust due to competitors from meals supply apps.

The Milan-based firm confronted “unprecedented competitors” from native eating places that began utilizing providers resembling Glovo, Simply Eat and Deliveroo throughout the pandemic, the courtroom submitting stated.

Domino’s stated in a doc, connected to the courtroom submitting, that ePizza’s troubles final yr have been the results of “considerably elevated degree of competitors within the meals supply market with each organized chains and ‘mother & pop’ eating places delivering meals to outlive.”

It stated it additionally confronted issues as soon as pandemic restrictions have been eased and customers began visiting sit-down eating places once more.

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The Milan courtroom had granted the corporate a 90-day grace interval, throughout which its collectors weren’t allowed to demand compensation or take its belongings. That expired at the beginning of July.

Domino’s had excessive hopes when it moved into the Italian market in 2015, signing a 10-year franchising cope with ePizza. It deliberate to introduce a large-scale pizza supply service to the nation, which was absent on the time, the courtroom submitting stated.

By the beginning of 2020, ePizza was managing 23 shops in Italy and 6 extra by way of a sub-franchise companion.

Neither Domino’s nor ePizza instantly responded to CNN Enterprise’ request for remark.

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