Retail Food Group

Retail Food Group (Australia) Limited, often abbreviated as RFG (ASX: RFG), is an ASX listed company and Australian franchisor based in Southport, Queensland. It owns numerous companies including Gloria Jean's Coffees, Brumby's Bakeries, Donut King, Michel's Patisserie, Di Bella Coffee, The Coffee Guy, Café2U, Pizza Capers and Crust Pizza.

Retail Food Group
Public
Traded asASX: RFG
IndustryCoffee, Food, Pizza, Coffee roasting, Beverages, QSR Restaurants
Founded1989
HeadquartersSouthport, Queensland
Number of locations
1150 (Australia and New Zealand)
Key people
  • Peter George (Executive Chairman)
  • [1]
Websiterfg.com.au

Founding

Established in 1989,[2] RFG was incorporated in 2003 to act as a holding company for several fast-growing brand systems. The company roasts and supplies coffee to its network.

Portfolio of companies

  • Brumby's Bakeries is a chain of Australian and New Zealand retail bakeries that was established in Ashburton, Victoria in 1975.
  • Crust Pizza
  • Donut King is a franchise system which was founded in 1981 in Sydney and specialises in donuts and coffee.
  • Gloria Jean's Coffees is a franchised coffeehouse company that has opened more than 1,000 coffee houses across 39 markets worldwide, including over 460 stores in Australia.[3]
  • Michel's Patisserie specialises in retail bakery-style food and is the largest pastry chain in Australia.[4][5][6]
  • Pizza Capers has over 110 stores throughout Australia.
  • Cafe2U and The Coffee Guy are brand systems that operate under mobile coffee van models.

Controversy

A 2017 investigation by Sydney Morning Herald noted that hundreds of franchisees were left financially devastated after investing in the brands under the RFG umbrella.[7]

See also

References

  1. "Our People". Retail Food Group. Retrieved 12 March 2018.
  2. Roth, Martin (8 November 2013). Top Stocks 2014: A Sharebuyer's Guide to Leading Australian Companies. Wiley. p. 194. ISBN 978-1-118-62179-0.
  3. Bomkamp, Samantha (25 August 2017). "Gloria Jean's, coffee shop born in Chicago, set to expand its reach". Chicago Tribune. Retrieved 27 November 2017.
  4. Cassidy, Tara (29 September 2017). "REVEALED: 15 new businesses coming to Mackay". Mackay Daily Mercury. Retrieved 27 November 2017.
  5. Hospitality Foodservice. P. Isaacson Publications. 2008. p. 60. Retrieved 6 November 2017.
  6. Hospitality Foodservice. P. Isaacson Publications. 2010. p. 210. Retrieved 6 November 2017.
  7. Ferguson, Adele (9 December 2017). "Cup of sorrow: the brutal reality of Australia's franchise king". Sydney Morning Herald. Retrieved 4 November 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.