Retail Food Group Profit Gets Caffeine Hit
The owner of Gloria Jean’s and Donut King will pull back from its aggressive expansion strategy as its long serving boss hands control to a successor.
Retail Food Group recently hit a milestone of 2,500 outlets across Australia and abroad, with brands including Brumby’s Bakery, Crust Pizza and Pizza Capers, seven times more stores than the 327 outlets it had a decade ago.
Under managing director Tony Alford, RFG has been gobbling up cafes and fast food chains to become Australia’s largest owner of retail food franchises. SBS News – Read more…