Retail Food Group Limited (ASX: RFG) advises that, as part of its broader turnaround strategy, which included significant Board renewal, recently appointed independent non-executive Director, Mr Peter George, has been elected Chairman, effective today. Mr George joined the Board of RFG on 25 September 2018. He has a successful 30 year career as a senior…
Mr Colin Archer, Chairman of Retail Food Group Limited (ASX:RFG) today advised the Board that he will retire as a Director and Chairman of the Board with effect from today, following over 10 years’ service with the Company, the last 5 of which as Chairman. Mr Archer said that it was an appropriate time to…
New Group CEO, Richard Hinson has just completed a National Roadshow meeting nearly 700 franchisees. He listened, answered questions and outlined his new vision for the company. The results of the Post Roadshow Survey are in and the good news is that almost 80% of franchisees support the new direction of the company. 3% were…
Retail Food Group Limited (ASX: RFG) provides the following update in relation to expected FY18 earnings. The Group expects FY18 underlying NPAT to be approximately $34.5 million and statutory NPAT to be a loss of approximately $87.6 million, taking account of the substantial impairment charges booked at 31 December 2017. This expected FY18 NPAT does…
Di Bella is now the second largest roast and ground coffee enterprise in Australia and has consolidated its position in the Australian coffee industry following the successful completion of the restructuring and alignment activities underpinning the 1H18 repositioning of its four national and international coffee brands and leadership structure under one umbrella brand, Di Bella.…
Close to 1,000 applicants have applied for 30 Field based roles at Retail Food Group to support Franchisees across Australia. It takes the number of in-field support roles to 88. New Group CEO, Richard Hinson said one of his immediate objectives has been to bolster the number of in-field staff to strengthen and improve franchisee…
The Board of Retail Food Group Limited (ASX: RFG) today announces the promotion of Richard Hinson to Group Chief Executive Officer, effective immediately. Mr Hinson commenced with RFG as Chief Executive – Australia in January 2018 to lead implementation of the Company’s strategic business review, to simplify the Group’s operating model, and to improve the…
Global food and beverage company, Retail Food Group (ASX: RFG), has signed a Master Franchise Agreement which will see 13 outlets from its Gloria Jean’s brand open in the United Kingdom in the next 12 months, and 190 outlets within 10 years. The 20-year agreement has been signed with local businessman, Naweed Nasir, whose other…
In a bid to deliver disruptive innovation to the ever-evolving retail food industry, Australia’s largest specialty donut retailer, Donut King, has this week announced a joint venture with V Energy to produce a stimulating energy drink/donut hybrid. The iconic Donut King brand, which introduced the Australian masses to cinnamon donuts in 1981, experimented with donut…
Brumby’s Bakery’s highly-anticipated Easter range has arrived in store, and this year’s hero product, a brand new Sticky Date Hot Cross Bun, takes the season’s most popular treat to a mouth-watering new level. Easter is the biggest time of year for the iconic bakery, which has been perfecting and serving freshly-baked and quality Hot…