
Retail Food Group EBITDA Drops 31% as Network Trims 29 Stores
The Australian franchise operator plans to roll out 15 Firehouse Subs outlets by next year while targeting up to $7 million in annual cost cuts.
Tag
5 stories in this topic

The Australian franchise operator plans to roll out 15 Firehouse Subs outlets by next year while targeting up to $7 million in annual cost cuts.

Multibrand food chain franchisor Retail Food Group says sales across its domestic network have grown 16.5 percent in the first 21 weeks of this year. The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U…

A local scandal hasn’t dampened Retail Food Group’s international ambitions, with the franchise giant announcing that its troubled Gloria Jeans brand will expand into Germany. A 10-year master franchise agreement has been signed with a group of local…

Myanmar retail will get a boost from the lifting of US sanctions, opening the way for foreign investment. The official end of the restrictions was formalised on October 7 and confirmed by the US Treasury, unblocking sanctioned properties, removing various…

Australia-based coffee retail chain Gloria Jean’s is planning to open more outlets in Myanmar through its local franchisee Seezar Soesan. It already has two branches in Yangon, one in Myanmar Plaza, which opened in January, and the other in Yangon’s new…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.