The chief executive of Pizza Hut's NZ operator Restaurant Brands, Russel Creedy, says there's no free lunch - or pizza. Photo / Reuters The intense price wars among pizza retailers over the past two years is easing as high commodity prices put the squeeze on profits. New Zealand's largest operator, Pizza Hut, and fast-rising rival Domino's concede that prices will have to rise at some point as the cost of raw materials - cheese in particular - skyrockets. While pizza operators have the...
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