Legal
Domino’s confirms CMO's exit
Former CMO Allan Collins to return.
Fair Work Ombundsman slaps $475k fine on Taiwanese coffee brand 85 Degrees
Read the statement from the Fair Work Ombudsman here.
Black Lion invests AU$300,000 seed funding for tech start-up
Oktria is a flexible software as a service platform.
Statement From Guzman Y Gomez Founder & Ceo, Steven Marks
STATEMENT FROM GUZMAN Y GOMEZ FOUNDER & CEO, STEVEN MARKS
Collins Foods posts positive sales as European business rebounds
The operator’s KFC restaurants in Australia reported a 6.1% increase in revenue growth to $955.5 million.
Pizza Hut Australia owner taps bankers to ready potential buyers — report
Allegro Funds is preparing to auction the pizza franchise.
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.
Commentary
The Customer Retention Revolution: The predictive approach to preventing churn