Overall, the news is good for Woolworths, Harvey Norman and the Retail Food Group. It's not all smooth sailing, however, with Woolies' hardware sales continuing to flounder and overseas operations still a bugbear for Harvey Norman.
Pizza is the favourite on everyone's menu at the moment, with leading pizza chains reporting positive returns for the first part of the 2014 financial year.
Food franchise operator Retail Food Group is gearing up for strong growth across its Quick Service Restaurant brands by strengthening the management teams heading up the division.
Multi-food franchise operator Retail Food Group has opened its Michel's Patisserie 'store of the future' in Lilydale, Victoria as part of the company's project evolution across its brands.
Retail Food Group chairman is retiring after five years with the company.
The interest in franchising continues to grow, according to the latest figures from the Retail Food Group.
Retail Food group will introduce drive-thru facilities for some of its outlets.
Economic uncertainty is driving an increasing interest in franchises, according to new research.
The company has increased its finance arrangements with National Australia Bank from $95 million to $135 million as it continues to watch for more acquisition opportunities.
Retail Food Group, which already owns Donut King, Michel's Patisserie and Brumbyâ€™s Bakeries, has added another brand to its portfolio.
The company, which is responsible for brands like Donut King, Michel’s Patisserie and Brumby’s Bakeries, announced a 5.7 per cent increase in core NPAT to $27.9 million.
Retail Food Group has withdrawn its bid between its wholly owned subsidiary, Systems Franchisor, and Oaks Hotels & Resorts. The company initially put forward an offer to Oaks for consideration.
Owner of retailers including Donut King and Michel's Patisserie, RFG has made an off-market takeover offer to buy Oaks Hotels & Resorts
Retail Food Group said increased revenue generated from franchising options underpinned the company’s fifth consecutive record first half net profit after tax.
The company said eight out of 108 stores remain closed after suffering flood damage and are unlikely to reopen because it will be "uneconomical".