Covid's sour taste for prospective Burger Fuel franchisees

Covid's sour taste for prospective Burger Fuel franchisees
Burger Fuel reported a decrease in operating revenue for the financial year of $21 million. (Image: Linkedin)
Staff reporters
Burger Fuel is feeling the effects of the pandemic as it struggles to find new franchisees.Chief executive of the listed fast-food brand, Josef Roberts, told the company's annual general meeting today that a problem for the business was "reloading the growth pipeline with new franchisees and new site locations".“Franchisee appetite in the current covid environment remains tepid.”With the global rollout of vaccines the company’s outlook was more positive, he said. However, those prospects seemed to be moving furth...

More Retail

Mighty Ape’s profits rise in quarterly update
Retail

Mighty Ape’s profits rise in quarterly update

 This growth came despite gross sales falling 9.2% to $30.4m.

Staff reporters 26 Apr 2024
Website duplication scams haunt NZ retailers
Retail

Website duplication scams haunt NZ retailers

Increasingly sophisticated obfuscation technology is making scams harder to resolve.

Gregor Thompson 22 Apr 2024
Menulog exits NZ
Retail

Menulog exits NZ

Online food delivery platform Menulog will discontinue its New Zealand operations in May.Parent company Just Eat Takeaway confirmed the decision today, saying: “New Zealand represents a small part of the Just Eat Takeaway.com business and its size is insufficient to maintain a he...

Staff reporters 16 Apr 2024
Grocery code now in full effect, ComCom reminds suppliers
Retail

Grocery code now in full effect, ComCom reminds suppliers

The Grocery Supply Code went into effect on March 28.

Staff reporters 16 Apr 2024