Retail Food Group

OVERALL
Owned	AUS
Rating

Retail food franchising

One of Australia's largest retail food brand managers, franchisors and wholesale coffee roasters. RFG owns the Donut King, Brumby's Bakery, Michel's Patisserie, bb's cafe, Esquires, The Coffee Guy, Pizza Capers Gourmet Kitchen and Crust Gourmet Pizza franchise systems. Acquired Cafe2U and Gloria Jeans in 2014.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Retail Food Group Ltd
Australian Packaging Covenant signatory Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation. [Source 2020][More on Packaging] Tax Hero in Australia Between 2015 and 2018 this company paid $57.2 million tax on a total income of $640 million, earning the number 32 spot on Michael West's Top 40 Tax Heroes 2020. West calculated which of Australia's largest companies have paid the highest tax rates using three years of tax transparency data published by the Australian Tax Office. [Source 2020][More on Finance]	7/100 in SAM Corporate Sustainability Assessment This company received a SAM Rank of 7/100 in the Restaurants & Leisure Facilities category of the 2018 SAM Corporate Sustainability Assessment. The index is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices. [Source 2018][More on Sustainability Reporting]	Pending class action A third law firm is preparing to launch a class action against this company for its failure to disclose troubles within its franchise network. Retail Food Group's market value more than halved in December 2017 when media reports of mistreatment of franchisees were first published. [Source 2018][More on Governance] Carbon tax price rise suggestion In July 2012 the Retail Food Group was forced to issue a prompt apology after its managing director, Deane Priest - who has since resigned - wrote to Brumby's franchisees suggesting they lift their prices and 'let the carbon tax take the blame'. Brumby's escaped a hefty fine when the ACCC accepted a court-enforceable undertaking from Retail Food Group that it would not engage in similar conduct in the future. [Source 2012][More on Governance] Environmental claims This 2011 press release from Retail Food Group outlines their environmental initiatives and 'Green Protocols', which aim to reduce their environmental footprint. [Source 2011][More on Environmental claims]

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Company Details

Contact Details

Products / Brands

Cafe Palazzo some products Rainforest Alliance certified  Coffee Di Bella Coffee

Gloria Jeans some products Rainforest Alliance certified  Coffee

Related News

Retail Food Group buys Gloria Jeans
27th Oct 2014 — Retail Food Group (RFG) bought Gloria Jean's for $163.5 million in Oct 2014. RFG is one of Australia's largest retail food brand managers, franchisors and wholesale coffee roasters. RFG owns the Donut King, Brumby's Bakery, Michel's Patisserie, bb's cafe, Esquires, The Coffee Guy, Pizza Capers Gourmet Kitchen and Crust Gourmet Pizza franchise systems.  [source]