Domino's Pizza grabs slice of Swiss market

The pizza delivery chain continues its march across Europe, paying £4.4m for Domino's Switzerland, and eying up Poland and Austria.

by Elizabeth Anderson
Last Updated: 09 Oct 2013

Domino’s Pizza is counting on the Swiss liking their cheese with a thick crust and plenty of topping. The pizza delivery chain, which has 748 stores in the UK, Ireland and Germany, is planning to open 25 stores in Switzerland over the next five years and is also believed to be eyeing up opportunities in Austria and Poland.

The Swiss franchise already has 12 stores, and Domino will open another 25. With internet use in Switzerland high, the company believes it can drive online growth similar to the way it has done in the UK, boosting orders through mobile phone apps and Facebook pages.

Domino will pay an initial five million Swiss francs (£3.3 million) for the right to operate in Switzerland, Liechtenstein and Luxembourg, as well as an option on stores in Austria. Another two million Swiss francs (£1.3 million) has also been put aside depending on the performance of the 12 stores over two years.

Domino acquired the German franchise in April 2011 and the firm has never looked back. ‘The encouraging progress we have seen in our first 16 months in Germany has convinced us this opportunity is one not to be missed,’ CEO Lance Batchelor said.

Find this article useful?

Get more great articles like this in your inbox every lunchtime

A leadership thought: Treat your colleagues like customers

One minute briefing: Create a platform where others can see their success, says AVEVA CEO...

The ignominious death of Gordon Gekko

Profit at all costs is a defunct philosophy, and purpose a corporate superpower, argues this...

Gender bias is kept alive by those who think it is dead

Research: Greater representation of women does not automatically lead to equal treatment.

What I learned leading a Syrian bank through a civil war

Louai Al Roumani was CFO of Syria's largest private retail bank when the conflict broke...

Martin Sorrell: “There’s something about the unfairness of it that drives me”

EXCLUSIVE: The agency juggernaut on bouncing back, what he would do with WPP and why...

The 10 values that will matter most after COVID-19

According to a survey of Management Today readers.