Giant pizza chain pulls out of Italian market

ROME, March 23 (Xinhua) -- One of the world's largest pizza chains, the United States-based Domino's Pizza, has formally given up on its aspirations of gaining a foothold in the country that invented pizza.

The company closed its last stores in Rome and Milan last year, and, according to media reports on Thursday, the company's Italian franchise partner, ePizza, has begun the process of liquidating the company's Italian assets in the hope of recovering at least part of the initial investments.