Veritas to franchise Nosh stores, copying Mad Butcher strategy

Tue, 05 Apr 2016

By Jonathan Underhill April 6 (BusinessDesk) - Veritas Investments, which took first-half impairments against the value of some businesses and is planning to renegotiate its debt facilities, plans to use a franchise model for its Nosh Food Market stores, the same strategy it uses for its Mad Butcher outlets. Veritas has eight existing Nosh stores, including two already operating as franchises. If successful, the franchise blueprint could be used to open new Nosh stores in other parts of New Zealand, the Auckland-based company said in a st...

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