US leading pizza chain to open first store in Vietnam

Domino’s Pizza, the second-largest pizza chain in the US, has announced the opening of its first store in Ho Chi Minh City.

In an announcement Friday, the company’s Finance Chief Michael Lawton recognized Vietnam as a growing economy. He said Domino’s had made forays into four new countries this year with the others being Germany, Romania and Ukraine.

“Opening our first store in the Vietnam’s largest city gives us an excellent entryway into this growing economy,” said Lawton.

“We are very excited that Domino’s Pizza, the global leader in pizza delivery, is now in Vietnam and we look forward to providing that same level of service that our customers expect from this global brand,” said Tony Cricenti, Chief Executive Officer of Domino’s Pizza in Vietnam.

Founded in 1960, Domino’s Pizza operates a network of 9,169 franchised and company-owned stores in the US and 66 markets worldwide. The Domino’s Pizza brand had global retail sales of over US$5.6 billion in 2009, comprised of nearly $3.1 billion domestically and over $2.5 billion internationally.

During the third quarter of 2010, the company had global retail sales of nearly $1.4 billion, comprised of over $747 million domestically and nearly $650 million internationally.- VNA

Tags: Domino’s Pizza

Posted by VBN on Nov 22 2010. Filed under Retail. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry