Saudi Crown Prince highlights 90-year partnership with US at White House dinner MBS said the horizon for Saudi–U.S. cooperation is "bigger and wider than ever" as both nations expand economic and strategic opportunities    Trump designates Saudi Arabia a major non-NATO ally    Saudi Arabia and US sign strategic defense agreement    Saudi Arabia and US seal major AI and civil nuclear agreements during White House summit    Trump approves major US defense sales to Saudi Arabia, including F-35 deliveries    Streets of Washington adorned with Saudi, U.S. flags to welcome the Crown Prince    Tawakkalna App's services surpass 1,100, powered by Advanced AI    Saudi entertainment sector draws over 12 million visitors in 3Q 2025    Trump welcomes Saudi Crown Prince to White House with full ceremonial honors    AlUla's living strategy    Rasf Real Estate announces major expansion drive at Cityscape Riyadh 2025    Justin Trudeau's ex-wife Sophie Grégoire breaks silence on his romance with Katy Perry    Beyond Profit: Riyadh's platform to shape the future of the global non-profit sector    UK to ban reselling event tickets for profit    Japan movie releases postponed in China after Taiwan row    From accidental athlete to Olympian: Rakan Alireza's unlikely road to the Winter Games    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Fast food giant Domino's pulls out of the birthplace of pizza
Published in The Saudi Gazette on 10 - 08 - 2022

Domino's Pizza's last stores in Italy have been closed after the firm that operated its outlets in the country filed for bankruptcy, reports say.
Franchise holder ePizza SpA was hit by the pandemic, according to Bloomberg, which first reported the story.
Domino's had struggled to win over customers in the birthplace of pizza since launching there in 2015.
News of the fast food giant's exit from the country was celebrated by some social media users.
EPizza SpA first filed for bankruptcy in early April after it was impacted by coronavirus restrictions.
"The Covid-19 pandemic and subsequent and prolonged restrictions from a financial point of view have seriously damaged ePizza," the company said.
The company also said it faced increasing competition as traditional restaurants started using delivery apps.
As part of the bankruptcy process the firm was granted protection from its creditors for 90 days. However, that protection came to an end last month.
The Italian firm had already been scaling back the business from its peak in 2020, while deliveries stopped from the end of July.
As of 2020, the company directly managed 23 outlets in Italy and another six stores were run through sub-franchising, according to the bankruptcy documents.
In comparison, the UK and Ireland has more than 1,200 stores, making it the biggest Domino's market in Europe.
The world's largest pizza chain has more than 18,300 stores in over 90 international markets globally, most of which are run as franchisees.
When it entered Italy seven years ago Domino's aimed to stand out from the country's traditional pizza makers with a comprehensive home delivery service and a distinctive menu including US-style toppings like pineapple.
However, it faced increasingly stiff competition during the pandemic as local restaurants signed up to food delivery platforms like Deliveroo and Just Eat.
News that Domino's was leaving the home of pizza was cheered by some social media users.
"I've always wondered how Domino's could survive in New Jersey, let alone Italy," journalist Dave Jamieson tweeted.
Another Twitter user, Alicia Smith, remarked that opening Domino's in Italy is like trying to sell snow in the North Pole.
Domino's Pizza and ePizza SpA did not immediately respond to BBC requests for comment. — BBC


Clic here to read the story from its source.