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Domino's Pizza is an international pizza delivery chain headquartered in Ann Arbor, Michigan. It was founded by Thomas Monaghan in 1960. In 2004, it had 7,100 stores in 50 countries. It was the second largest pizza chain in the United States when it went public in 2004. Its 2003 sales totaled over US$4 billion, with more than a quarter of it sales outside the U.S.
Throughout its early history, the chain offered free pizza to customers who did not get their order in 30 minutes. The offer was changed to a $3 discount in the late 1980s, then abandoned in the 1990s due to traffic safety concerns. Monoghan retired in 1998 but retained a 27 percent non-controlling stake in the company.