Domino's to Close 205 Stores Globally to Streamline Operations

The closures, mostly in Japan, aim to address post-pandemic challenges and improve profitability under new leadership.

Domino's Pizza Enterprises will shut 205 underperforming stores, including 172 in Japan, to cut costs and boost earnings.
The closures will result in a one-time restructuring cost of A$97 million but are expected to save A$15.5 million annually.
Japan, with nearly 1,000 outlets, has faced declining demand and high input costs following a pandemic-driven expansion.
CEO Mark van Dyck, three months into his role, emphasized reshaping the business for long-term success and focusing on high-density regions.
Domino's shares surged over 21% on the Australian stock market following the announcement, reflecting investor confidence in the strategy.