Major restaurant chain announces operational shift affecting multiple regions

The pizza industry in Australia and beyond is undergoing a shake-up as a major player announces significant operational changes.

With plans to scale back, the company’s decision could impact pizza lovers across multiple countries.

While the full effects remain uncertain, this move signals a notable shift in the fast-food landscape.


This surprising move comes as part of a strategic review by the pizza giant, which aims to streamline its business and focus on long-term success.

Mark van Dyck, the chief executive of Domino's, has emphasised the company's commitment to decisive action.

'When I started in this role three months ago, I said we would move decisively to reshape our business for long-term success,' he said.

'Where change is required, we are acting quickly and transparently.'


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Over 200 Domino's stores will be closed due to unprofitability in Japan, Europe, and Australia. Credit: JHVEPhoto / iStock


The company has revealed plans to close down more than 200 stores, a decision that will affect pizza lovers in Australia, Japan, and parts of Europe.

Most closures will occur in Japan, where 172 stores are set to shut their doors.

The remaining locations will be spread across Europe and Australia, although specific details about the Australian closures have not been disclosed.


This has left many Australian customers wondering whether their local Domino's will be one of the unlucky ones to go.

Analysts, such as RBC Capital Markets' Michael Toner, have labelled the closures a 'logical' step, particularly in light of Japan's trading outlook.

Toner suggested that 'investors should view positively the company's view towards restoring network health in Japan through store closures and focus on profitable growth.'

Interestingly, following the announcement of the store closures, Domino's shares experienced a surge, climbing more than 20 per cent on the Australian Securities Exchange.

This made Domino's the best performer of the morning, indicating investor confidence in the company's strategic decisions.


This news might be met with mixed feelings for our readers at the Seniors Discount Club.

On one hand, the convenience of having a Domino's nearby for a quick pizza fix is undeniable.

On the other hand, the closure of underperforming stores could signify the company's commitment to quality and service, which could ultimately benefit consumers.

We encourage our members to watch local news and the Domino's website for updates on store closures in Australia.

If your local store is affected, it might be a good time to explore other local pizzerias or even try making homemade pizza—it's a fun activity, and you might discover a new favourite recipe!
Key Takeaways

  • Domino's Pizza Enterprises has announced the closure of over 200 stores due to unprofitability, impacting locations in Japan, Europe, and Australia.
  • The decision is part of a strategic review by the new chief executive, Mark van Dyck, aiming at reshaping the business for long-term success.
  • Experts have described the closures as 'logical', particularly considering Japan's trading outlook, which focuses on profitable growth.
  • Following the closure announcement, Domino's shares rose by more than 20 per cent on the Australian Securities Exchange.
What are your thoughts on Domino's decision to close stores? Will this impact your pizza-eating habits? Share your views in the comments below, and let's discuss the future of our pizza indulgences.
 
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Over the last ten years, every Domino's pizza joint has been swarming with Indian staff.

Hungry Jacks is rapidly approaching plague proportions of Indian staff as well.

Both are off my menu permanently.

Prefer to give somewhere like Hero's Pizza at Como, Perth, a run rather than Domino's. Coming to think of it, I don't recall seeing a Domino's in my 10 months in Perth. Smart people I guess! The nearest Domino's is over 10 kms away, thankfully!
Just coming off a 3 day bender with food poisoning from Hungry Jacks - from Friday to Monday I could not stand the thought of any food or even drink - my last foray into HJ!
 
We ordered two pizzas and four chicken tenders on Sunday. I paid $61.00 for the food and the delivery charge. They were small, had little topping and lacking in flavour. However, three of us ate all available food and looked for something to eat. The quality was appalling and the price exorbitant for what it was. Will I be bothered if Dominos close their door in our locality? I’m not bothered either way because I’ll be voting with my feet!
Holy sh*t! I guess I must be really out of touch with pizza shop prices! That’s ridiculous. Last time we got pizzas, they weren’t cheap, but were quality pizzas and definitely worth the price compared with Domino’s, Pizza Hut and the like.
 
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Just coming off a 3 day bender with food poisoning from Hungry Jacks - from Friday to Monday I could not stand the thought of any food or even drink - my last foray into HJ!
Can’t even remember the last time I went to HJ’s.
I’m sure you won’t miss it. Hope you’re feeling much better now.
 
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Just coming off a 3 day bender with food poisoning from Hungry Jacks - from Friday to Monday I could not stand the thought of any food or even drink - my last foray into HJ!
😔 I hope you are better now . The last time I had food poisoning I had eaten 1 cheese burger from McDonalds and it turned me completely of McDonalds for a very long time.
I would call them and let them know.
 

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