Domino’s CEO quits as profits plunge and franchisee row rumbles on

Domino’s CEO David Wild has announced his retirement after revealing pre-tax profits of £30.5m, a drop of 27%, for the first half of the year. Though group sales were up 4.7% to £645.8m, he also said the “complex” ongoing row with franchisees is leading to delays in new openings and impacting on standard working practices, and that any resolution would take “some time”.