Comment: Franchisees need more than Retail Food Group's shallow words l adele_ferguson
tore strips off RFG, which operates brands including Gloria Jeans, Donut King, Brumby’s, Michel’s Patisserie, Crust Pizza and Pizza Capers.
It seems like while Rome is burning, George is promising franchisees an update on a new product and marketing strategy and a few nip and tucks to a business model that has left a trail of financial ruin for shareholders and franchisees. The report comes as RFG battles rumours that it is a whisker away from being placed in administration; something it vigorously denies.
Chan spent his retirement savings of $600,000 on two Michel’s Patisserie stores in Cessnock and Newcastle in 2011 after he couldn’t find a job.Graham Tidy The suppliers were still selling to the same stores and, according to their records, Chan is the one that owes them the money. He is unsure how much that is.
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