Legal

Magellan Financial Group agrees to sell stake in Guzman y Gomez

The transaction is expected to be completed in two tranches in June and July, generating an estimated pre-tax profit on the sale of $34 million in...

Magellan Financial Group agrees to sell stake in Guzman y Gomez

The transaction is expected to be completed in two tranches in June and July, generating an estimated pre-tax profit on the sale of $34 million in...

ST Group gets majority control of Papparich Australia

The group has increased its equity interest in PAPL to 90%.

Domino’s half-year profit down, eyes delivery growth to counter labour pressures

The company expects to reach $4 billion in global food sales this year.

Retail Food Group’s first-half profit up 31.4%

The group saw higher average spend and its international business bouncing back.

The Cheesecake Shop sold to Australia-based investment firm River Capital

PAG Asia Capital owned the business for about five years.

UK’s HungryPanda acquires Asian food delivery platform Easi

Founded in 2017, it already has a presence in ten countries, including the US, UK and Australia.

Mad Mex founder buys back 50% share from Singapore-based 4Fingers

The company says it will “refocus its efforts” on Australian expansion.

Retail Food Group responds to class action from former, current Michel’s franchisees

Read the operator’s full statement here.

What to do when your restaurant chain finds itself in a dispute

Conflict, unfortunately, is a part of life and when you are in business it can seem that it is a part of every day.

KFC, Taco Bell assist Restaurant Brands in tripling profit during first half

New KFC and Taco Bell stores scheduled for Australia and New Zealand in the second half.

Retail Food Group swings to profitability as QSR brands drive growth

The company says it has built a ‘strong base’ for FY22.

More stores for Domino’s after positive FY21 sales

In Australia and New Zealand, improved sales resulted in an 14.1% EBIT growth to $116.8 million.

‘Toughest’ safety requirements for food delivery platforms, riders set to be introduced in NSW

New measures include requiring food delivery companies to provide protective equipment to riders.

David Jones, bp to end convenience partnership

The announcement comes less than a year after the two businesses announced a rapid expansion of their network.

Two Subway franchisees in court: FWO

Read the full statement here.

Menulog delivers 104% order growth in 2020

The platform is focused on an accelerated growth path and increasing market gains.

Retail Zoo sales “fully recovered” from COVID-19 impact, CEO says

The company remains “very optimistic” towards its future growth plans.