Australian retail food brand manager and franchisor, the publicly listed Retail Food Group Limited (RFG) has announced it is in the midst of a number of acquisitions which, if successful, will raise the number of food outlets it operates by around 15 per cent. RFG currently owns the Australian franchises of Donut King, Michel’s Patisserie, Brumby’s Bakeries, bb’s cafe, Esquires, and Big Dad’s Pies. The latest announcement was made by RFG’s CEO, Anthony Alford, at the company’s Annual... ...Read more »

Partnering with national children’s charity HeartKids, Donut King stores across Victoria will today (14 February) launch a campaign to raise thousands in support of families with kids who suffer from heart defects. Five ambassadors, including AFL legend Glenn Archer, Rugby great Robbie Kearns, and Melbourne Cup jockey Luke Nolen, will gear up for some delightful donut decorating at 12:30pm to launch the fundraising effort with some special patients from The Royal Children’s Hospital (RCH). The... ...Read more »

Australian retail food brand manager and franchisor Retail Food Group announced it will collect donations for the Premier’s Flood Relief Appeal and for flood-affected franchisees at its 1,100 stores across the country. RFG also announced it will match customer donations dollar-for-dollar up to a maximum of $100,000. The first $50,000 of this contribution will be donated to the Flood Relief Appeal, with the rest going to the families of the RFG franchisees worst impacted by the floods. Based on... ...Read more »

Australian franchise giant Retail Food Group, owner of Donut King, Brumby’s Bakery, Michel’s Patisserie, bb’s cafe and Big Dad’s Pies franchise systems, has today reported a record 10.6% increase in full year net profit after tax, to $26 million.  Collectively, RFG has 1,122 stores across Australia and New Zealand. RFG’s board announced a 37% increase in fully franked final dividend to 6.5 cents per share, given the Company’s strong performance and robust cash position. “The... ...Read more »

Australian retail food brand manager and franchisor Retail Food Group today announced that an agreement to acquire the Big Dad’s Pies franchise system. Big Dad’s Pies brings to four the number of acquisition transactions announced by the ASX-listed firm in the past month. “The Big Dad’s Pies franchise system comprises 37 South East Queensland based outlets renowned for their specialty pies produced fresh daily,” Retail Food Group CEO Tony Alford said. “The menu... ...Read more »

Australian retail food brand manager and franchisor Retail Food Group has questioned the validity of recent media reports regarding their Indian expansion plans, labelling them “grossly inadequate”. “Retail Food Group Limited (ASX:RFG) has become aware of continued media reports indicating that the Company will enter the Indian market in 2010 and anticipates revenues in the order of US$87m from those operations within five years,” the company noted in a statement. “The... ...Read more »

ASX-listed Retail Food Group has told shareholders that they expect a 10-15% increase in profit for the first half, while expansion activity continues apace with a deal to acquire a Donut King competitor and the Brumby’s master franchises in north Queensland and New Zealand. “The Brumby’s North Queensland master franchise territory represents the best performing Brumby’s territory in Australia,” RFG CEO Tony Alford said during the company’s AGM on Friday. “Further,... ...Read more »

Retail Food Group, one of Australian’s largest retail food brand managers and franchisors, has today announced a 33 per cent surge in net profit after tax as consumer demand for comfort food fails to wane. The owner of the Brumby’s, Donut King, Michel’s Patisserie and bb’s café franchise brands expects the growth to continue as menu innovation and store developments continue apace. “The Company has … focussed on delivering further menu innovation and supply chain... ...Read more »

The operators of a Donut King store in Tasmania have been penalised almost $60,000 after admitting they pressured nine teenage workers to sign workplace agreements that reduced their penalty rates.Primrose Development Company Pty Ltd was fined $53,601.25 and company director and part-owner Judith Ann Simmonds, of Bellerive, was fined $6398.75 in the Federal Magistrates Court. Primrose has now paid $2490 compensation to the teenage workers. The company also admitted breaching workplace law by failing... ...Read more »

Retail Food Group, a leading Australian retail food brand manager and franchisor, has reported that retail trade performance for the first two months of 2009 has seen momentum continue as consumers continue to demand convenient comfort food.Year-to-date performance has seen network sales growth of almost six per cent and similar growth in average weekly sales across their four franchise systems – Donut King, Brumby’s, bb’s Café and Michel’s Patisserie. Over contribution of... ...Read more »