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 »

ASX-listed retail food brand manager and franchisor Retail Food Group (RFG) is set to reacquire the Brumby’s Bakeries master franchise territories for Western Australia and the Northern Territory just over a month after purchasing the North Queensland and New Zealand master franchise territories. “The combined Brumby’s WA and NT master franchise territories achieve the highest average weekly sales in Australia,” RFG CEO Tony Alford commented, “and, except for the relatively... ...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 »

Australian retail food brand franchisor Retail Food Group Limited today announced net profit after tax rose 19% on the corresponding period last year – exceeding the guidance provided on 19 January 2009. Total franchise network sales across RFG’s Donut King, Brumby’s Bakeries, Michel’s Patisserie and bb’s café franchise systems for the half year grew to $320.9 million while total outlets increased to 1,066. RFG Chairman John Cowley was delighted with the company’s... ...Read more »

Leading Australian retail brand Donut King has opened its first outlet in Shanghai, with additional stores to open in Shanghai during the coming months. The opening on 1 November 2008 was the result of a Master Licence Agreement between Retail Food Group and Shanghai-based Mak Brands Limited to develop and proliferate the Donut King franchise system within the People’s Republic of China. Donut King opened its first outlet in Eastgarden Sydney in 1981 and there are now more than 309 Donut King... ...Read more »

Leading Australian retail food brand manager and franchisor Retail Food Group Limited (RFG) today announced a 134% increase in net profit in spite of the recent economic turbulence which has hit consumer confidence. The owner of the Donut King, Brumby’s Bakeries, Michel’s Patisserie and bb’s café franchises saw growth stimulated by their purchases of Brumby’s and Michel’s and a record number of new store commissionings (61). There is now a total of 1,052 franchised... ...Read more »

Leading Australian retail food brand manager and franchisor Retail Food Group Limited (RFG) today announced that they will look to grow their Donut King franchise in China. RFG has reported that they have finalised the terms of a Master Licence Agreement (MLA) with Shanghai based Mak Brands Limited concerning the proliferation of the Donut King franchise system within China. The Agreement is performance based for an initial term of 20 years, and growth in the Chinese marketplace is based... ...Read more »