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RFG talks down potential price tag for Crust Pizza

RFG talks down potential price tag for Crust Pizza

The troubled franchising giant has been forced to talk down expectations of how much it can raise by offloading some of its brands, as it works to reduce its debt.

  • by Patrick Hatch

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Banks give Gloria Jeans, Donut King owner Xmas stay of execution
Retail Food Group

Banks give Gloria Jeans, Donut King owner Xmas stay of execution

RFG will again have its covenants tested in March following its December, September and June waivers.

  • by Sarah Danckert
Former RFG pair look to crack into egg market
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Retail Food Group

Former RFG pair look to crack into egg market

Former Retail Food Group chief Tony Alford and Alicia Atkinson have launched a new business based in Toowoomba which pasteurises eggs.

  • by Cara Waters
Retail Food Group boss departs after less than a year
Retail Food Group

Retail Food Group boss departs after less than a year

Retail Food Group's boss has resigned after less than a year with the struggling coffee, doughnut and pizza giant, as it goes through a "major restructuring" to stabilise itself. 

  • by Patrick Hatch
Performance of Gloria Jeans owner RFG is 'unsustainable', says chairman
Retail Food Group

Performance of Gloria Jeans owner RFG is 'unsustainable', says chairman

Retail Food Group's new chairman has conceded that the cafe, doughnut and pizza giant's performance is unsustainable and it will look to sell assets - and possibly raise capital - so it can pay down debt. 

  • by Patrick Hatch
'Nobody is above the law': Alford fronts committee on fast cars and franchises
Retail Food Group

'Nobody is above the law': Alford fronts committee on fast cars and franchises

Former Retail Food Group executives Tony Alford and Alicia Atkinson have given evidence to Parliament's franchise committee.

  • by Cara Waters
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RFG's ex boss Alford challenges parliament's authority in High Court battle
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Retail Food Group

RFG's ex boss Alford challenges parliament's authority in High Court battle

The former chief executive of franchise chain Retail Food Group is applying to the High Court to avoid appearing before a parliamentary inquiry.

  • by Cara Waters
Crust franchisee faces court over underpaying student staff
Retail Food Group

Crust franchisee faces court over underpaying student staff

Ombudsman alleges underpayments at a Crust Pizza outlet, including one staff member short-changed $30,000.

  • by Emma Koehn
Chairman of embattled Gloria Jeans, Donut King owner steps down
Retail Food Group

Chairman of embattled Gloria Jeans, Donut King owner steps down

New chairman Stephen Lonie said the board “fully appreciates the challenges RFG faces”, including restoring the value of its share price.

  • by Patrick Hatch
'We could have done better' - Retail Food Group admits mistakes
Retail Food Group

'We could have done better' - Retail Food Group admits mistakes

Embattled company put onus on franchisees to do their due diligence.

  • by Cara Waters
RFG's bankers circle as group records massive loss
Retail Food Group

RFG's bankers circle as group records massive loss

The troubled owner of the Gloria Jeans and Donut King chains has been given a little over a year to get its balance sheet in order by its bankers.

  • by Sarah Danckert