Retail Food Group Sets Its Sights on UK as Part of Global Expansion
October 18 2017 - 11:54PM
Business Wire
Global food and beverage company, Retail Food Group Limited
(RFG, the Company or Group) (ASX: RFG), is making waves in
international markets with expansion plans for some of the Group’s
most successful and well-known Brand Systems brewing strong in the
United Kingdom.
From humble beginnings in 1989 as the owner and manager of
around 50 Donut King and bb’s Café outlets, Retail Food Group is
now Australia’s largest multi-brand retail food franchise owner,
developer and manager, with a network of more than 2,500 outlets
across 12 Brand Systems and 81 territories. As well, RFG is an
emerging leader in the foodservice, dairy processing and wholesale
bakery sectors.
RFG Chief Executive - International, Mike Gilbert, expressed
that RFG plans to introduce a selection of its retail food brands -
all of which are supported by market-leading concepts, food
innovations and high-quality coffee - to UK shores.
“We’re excited to replicate our successful Australian operations
in the UK and accelerate the growth of brands like Gloria Jean’s
Coffees, Donut King, Crust Gourmet Pizza Bar, Brumby’s Bakery,
Michel’s Patisserie, Pizza Capers Gourmet Kitchen, Cafe2U and It’s
A Grind in the region,” he said.
RFG’s international expansion model is based on recruiting
Master Franchise Partners who purchase a license to develop a
certain Brand System in a defined territory, and provides the
Company and local partners with the opportunity to forge
sustainable alliances.
“Our franchise partners enjoy the benefits of working with
Australia’s largest multi-food franchisor every day, dealing with
our expert management teams, enjoying supply benefits from
increased scale and gaining access to best-in-class initiatives,”
Mike said.
The Company is not only a leading franchisor; it is a coffee
specialist with an integrated approach to sourcing, roasting and
distributing high-quality coffee. Combining passion with expertise,
RFG creates an unforgettable experience, from crop to cup, through
its premium Di Bella Coffee Co brand.
A key strategy that is driving the Group’s global growth is its
hub network, which provides a platform for fast tracking coffee and
Brand System expansion in international markets, whilst also more
efficiently servicing the Company’s existing markets.
RFG recently announced a Middle East Hub which will allow the
Company to grow a substantial commercial coffee enterprise
throughout the MENA region, whilst enabling the Group to more
efficiently service and grow Brand System franchise networks in the
Gulf.
“We currently have hubs in Australia, New Zealand, the USA and
the Middle East, and will be looking to replicate them in Asia and
Europe, to realise significant untapped commercial coffee
opportunities in these markets,” Mike said.
About Retail Food Group Limited:
RFG owns the Donut King, Brumby’s Bakery, Michel’s Patisserie,
bb’s Café, Esquires, Gloria Jean’s Coffees, It’s A Grind, The
Coffee Guy, Café2U, Pizza Capers Gourmet Kitchen and Crust Gourmet
Pizza Bar franchise systems. Retail Food Group is a global coffee
specialist with an integrated approach to sourcing, roasting and
distributing high-quality coffee. Combining passion with expertise,
the Company creates an unforgettable experience, from crop to cup,
through its suite of coffee brands.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171018006718/en/
For more information, images or interviews contact:Retail
Food Group LimitedAnnie Lyon, 0431 306 727Corporate Communications
Managerannie.lyon@rfg.com.au
Retail Food (ASX:RFG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Retail Food (ASX:RFG)
Historical Stock Chart
From Sep 2023 to Sep 2024