Facing market saturation, Canada's biggest pizza chain targets Mexico for expansion

  • 📰 financialpost
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 85%

Business News News

Business Business Latest News,Business Business Headlines

Canada\u0027s biggest pizza chain is expanding into Mexico after its CEO sensed it was time for Pizza Pizza to explore new markets. Read on.

You can “actually hurt your franchisee operators if you become too saturated; places start cannibalizing each other,” Goddard said. In order to preserve profitability of individual franchises, “we want to make sure we have smart growth,” he said.The Mexican locations will fall under the PZA Pizzeria brand, which is principally for international markets.

Guadalajara-based company Food Gurú will be the “master franchisee,” in charge of recruiting sub-franchisees in the region. In the April 21 press release, founder and president Ricardo Aldrete said, “as we continue to expand, it’s important that we have the right partner to offer quality, value, convenience and unique choices for our customers.”

Canadians will have the chance to sample the new flavours at one of four Canadian PZA Pizzerias, he said, set to open in the next few months in undisclosed cities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines