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…