Business
ACCC takes action against Gloria Jeans, Donut King owner – Sydney Morning Herald
The competition watchdog alleges franchisees were misled over the viability of stores they bought from the food retailing giant.
The action comes three years after The Age and The Sydney Morning Herald first revealed that Retail Food Group was running a brutal business model that was squeezing franchisees and pushing some of them to the wall.
Those reports sparked a parliamentary inquiry that found serious failings in RFG’s dealings with franchisees and recommended an investigation by the ACCC, the corporate regulator and the tax office.
The ACCC’s case homes in on 42 franchisees of RFG who it alleges were given incorrect…
-
Business21 hours agoMacquarie tips 14% upside for this ASX tech stock
-
Noosa News17 hours agoWilliam Robinson dies aged 89
-
Business18 hours agoTop brokers name 3 ASX shares to buy today 27 August 2025
-
Business21 hours agoThis ASX 200 media stock is storming 7% higher to 52-week highs. Here’s why.