ANN ARBOR, Mich., April 10, 2014 /PRNewswire/ -- Domino's Pizza
(NYSE: DPZ) continues its global momentum as the recognized
world leader in pizza delivery by announcing an exclusive
15-year master license agreement with Taste Holdings to develop the
Domino's brand in seven Southern African countries, including
South Africa. The agreement
includes a 15-year renewal option.
Taste Holdings, based in Johannesburg, operates nearly 150 restaurants
under the Scooters Pizza and St. Elmo's Pizza brands in the
Republic of South Africa,
Lesotho, Swaziland, Namibia, Botswana, Zimbabwe and Mozambique. Franchisees of both brands will be
offered the opportunity to convert their stores and operate under
the Domino's brand.
"Scooters Pizza has been providing pizza lovers across
South Africa with their favorite
Italian takeaway for the last 14 years," said Carlo Gonzaga, Taste Holdings chief executive
officer and founder of Scooters Pizza. "With the conversion to
Domino's Pizza, that is not going to change. If anything, things
are only going to get better from here, as customers will now have
access to the world's largest and most established pizza delivery
brand; one that is synonymous with outstanding quality products,
friendly service and unbeatable delivery standards."
Domino's Pizza currently operates more than 10,800 stores in
more than 70 countries, holding the number one pizza delivery and
carryout position in 38 of those markets, including the
United Kingdom, India, South
Korea, Turkey, Australia and France.
"We're very excited to be working alongside our new partners in
establishing Domino's as the preeminent pizza brand in South Africa and in the other markets where
Taste Holdings is already established," said Ritch Allison, Domino's Pizza executive vice
president of international.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the recognized world leader
in pizza delivery, with a significant business in carryout pizza.
It ranks among the world's top public restaurant brands with its
global enterprise of more than 10,800 stores in over 70
international markets. Domino's had global retail sales of over
$8.0 billion in 2013, comprised of
nearly $3.8 billion in the U.S. and
over $4.2 billion internationally. In
the fourth quarter of 2013, Domino's had global retail sales of
over $2.5 billion, comprised of over
$1.1 billion in the U.S. and nearly
$1.4 billion internationally. Its
system is made up of franchise owner-operators who accounted for
over 96% of the Domino's Pizza stores as of the fourth quarter of
2013. The emphasis on technology innovation has helped Domino's
reach an estimated $3 billion
annually in global digital sales. Domino's generated
approximately 40% of sales in the U.S. from its digital channels in
2013, helped by the introduction of ordering apps for
iPhone®, Android™, Windows Phone
8® and Kindle Fire™. Domino's ordering apps
now cover nearly 95% of the U.S. smartphone market. Continuing its
focus on menu enhancement, Domino's established itself as a player
in the pan pizza market with the launch of its Handmade Pan Pizza,
featuring fresh, never-frozen dough, in October 2012.
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SOURCE Domino's Pizza