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RFG Retail Food Group Limited

0.066
0.001 (1.54%)
11 Oct 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Retail Food Group Limited ASX:RFG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.001 1.54% 0.066 0.066 0.067 0.067 0.066 0.066 524,045 06:05:05

Palestine Set for Success with Gloria Jean's Coffees

08/08/2018 9:42am

Business Wire


Retail Food (ASX:RFG)
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The Middle East and African regions continue to be a bountiful market for the Gloria Jean’s Coffees brand, with Khaled Aqqad and Yousef Asfour signing as Master Franchise Partners for the State of Palestine. The team look to have their first store opened by late 2018 and will grow their outlet base from there.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180808005262/en/

(Photo: Business Wire)

Retail Food Group (RFG) (ASX: RFG) now have over 200 outlets in the Middle East and North African (MENA) region, which is largely driven by the strength of the Gloria Jean’s brand. With this latest signing, over twenty Master Franchise Agreements have been signed to date for the region, which highlights the desire for quality brands in the area. RFG are now looking to build on this success and are actively seeking Master Franchise Partnership opportunities for their fleet of brands including It’s A Grind, Donut King and Crust Gourmet Pizza Bar.

This agreement joins other recent Retail Food Group expansion with Gloria Jean’s Coffees Master Franchise Agreements also recently announced in the United Kingdom, additional growth of its Donut King and Crust Gourmet Pizza Bar brands in the United Kingdom, and Donut King expansion in Sweden.

Most recently, RFG are also celebrating the team behind expanding the Gloria Jean’s Coffees footprint in Austria, The Netherlands and Switzerland - the Winkel Group. The ambitious Master Franchise Partners, who already hold the master agreement for Germany, are very familiar with the brand and plan to open their first store in Cologne this October. The strength of the brand has bolstered the belief in the entrepreneurial group that the surrounding countries near Germany present an enormous growth opportunity.

To find out more about RFG, visit www.rfgbrands.com.

About Retail Food Group Limited:

RFG is a global food and beverage company, multi-brand retail food franchise owner, a roaster and supplier of high quality coffee products, and an emerging leader in the foodservice, dairy processing and wholesale bakery sectors.

Retail Food GroupMegan Thornton, +61-7-5591-3242

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