RFG retail food group limited

Future RFG, page-81

  1. 63 Posts.
    I can sympathise. I think they need

    1. New Chairman of the Board and board members
    2. Andre Nell to resign and be replaced
    3. Focus on international especially markets in a different part of the economic cycle to Australia
    4. Close down as quickly as possible the stores that were determined to be unsustainable, and exit the loss making propositions asap
    5. Stop opening ever more stores in Australia in less and less populous and viable situations they expanded their brands beyond sustainability a while ago, divert sales effort to intl
    6. Now domestic franchise network is 36% of business and shrinking, cut all costs associated as much as possible, reduce head office staff who work in domestic franchise space.

    That'd be a start.
    Last edited by allosir: 04/04/18
 
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