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Crust franchisee faces court over underpaying student staff

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

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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
Gloria Jeans, Donut King owner's shares slump as ASIC reviews trades
Retail Food Group

Gloria Jeans, Donut King owner's shares slump as ASIC reviews trades

Retail Food Group copped a speeding ticket from the Australian Securities Exchange on Wednesday as flagged by Fairfax Media.

  • by Sarah Danckert
ASX to query Gloria Jeans, Donut King owner over share tear
Retail Food Group

ASX to query Gloria Jeans, Donut King owner over share tear

The Australian Securities Exchange is expected to ask Retail Food Group about its recent tear on the boards.

  • by Sarah Danckert
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Dick Smith to close his grocery line, blaming unbeatable Aldi
Retail Food Group

Dick Smith to close his grocery line, blaming unbeatable Aldi

Blaming competition from the German discount grocery chain Dick Smith is to close his line of Australian made and produced groceries.

  • by Nick O'Malley
RFG boss seeks redemption with a franchisee road trip
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Retail Food Group

RFG boss seeks redemption with a franchisee road trip

Retail Food Group investors are feeling as impoverished as its franchisees after the stock went from $5 to 50c in less than a year, so it was time for a rad trip.

  • by Colin Kruger
Bankers let embattled Retail Food Group off the debt covenant hook
Retail Food Group

Bankers let embattled Retail Food Group off the debt covenant hook

The pizza and coffee franchisor's creditors have agreed not to test its loan hurdles, which analysts predicted it would not be able to clear. 

  • by Patrick Hatch
Retail Food Group sinks to record low as it downgrades earnings
Retail Food Group

Retail Food Group sinks to record low as it downgrades earnings

The Donut King owner flagged a $87.6 million full-year loss after tax and writedowns.

  • by Mathew Dunckley
Tony Alford and his crew race for the exits at Retail Food Group
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Retail Food Group

Tony Alford and his crew race for the exits at Retail Food Group

The scandal-stained fast food franchisor announced company veteran Andre Nell was stepping down as its managing director with immediate effect.

  • by Colin Kruger