Franklins beginning to make an impact, profits start to flow
October 22, 2008

Australian supermarket chain Franklins has posted its maiden first-half profit since being acquired by prominent South African retailer Pick ‘n Pay back in 2001. Since the takeover the company has struggled to make inroads in the Australian grocery sector but appears to be finding its feet after posting its first full-year profit earlier this year. Franklins now operates 83 supermarkets throughout the state of New South Wales, seven of which are franchise stores. Three new corporate stores... ...Read more »

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