That’s true. Their share price was up around 46 bucks at one stage. I’m trying to think of other outfits that have expanded quickly, and you’re right we have seen this before.
Any that you can think of, off the top of your head? All I can think of at the moment is Carls jr maybe?
The problem with massive expansion so quickly is keeping the consistency and quality in check.
You’re probably right.
I only really go to People First Stadium. Went three times this year and yes - one size (s) $6.50. Bought one each time I went and fortunately because there were only small crowds there each time, no queues before the game.
Interestingly I do go to the VFL at Brighton Homes. Three sizes available there. $6.50 for the grandé.
Starbucks when they first entered the market. went massive, opened stores everywhere but didn’t understand that coffee is not something we grab and go on the way to work. its a social activity
According to Phil Rothfield in The Daily Telegraph, Mark Levy has decided to close his restaurant Pronto, located at Sylvania in Sydney’s south, to concentrate on his 2GB mornings show. Pronto opened in mid 2024.
More likely because it wasn’t a great restaurant. I’ve driven past that restaurant many times and it’s always empty.
Not necessarily not great.. Some good restaurants just suffer from poor promotion, or just be a bit over priced and/or be in the wrong area, have too much competition etc. There are a lot of reasons why they fail apart from being ‘not great’.
He could have just sold it.
The site is very interesting. It used to be a Mike’s Grill for many years but it closed after a fire. Mike established the restaurant there in 2004. He also had Mike’s Seafood on the opposite side of the Princes Highway at Sylvania. That was awesome for casual dine-in and take away.
Mike has gone on to establish more than 11 other restaurants in RSL and other clubs: Brighton-Le-Sands, Ramsgate, Cronulla, Sutherland, Engadine, Mortdale, Bexley, Gymea, Riverwood, Baulkam Hills, Greenacre, Fingal Bay.
But if he couldn’t make Sylvania continue then I’m not sure who can.
I got an instant win $500 Westfield gift card on a large fries about 15 years back. The rigmarole just to get the prize took weeks, and in the end they didn’t even send out the gift card
Plus you can’t claim for yourself the ones you find on the ground
The deal will appear under the Rewards section of the MyMacca’s app, but only for restaurants located in the winning team’s town. For example, if the Brisbane Lions win, the offer will be unlocked at participating Brisbane outlets. If the Geelong Cats take the premiership, it will be available at participating Geelong restaurants instead.
The Wendys build in the Brisbane CBD is progessing well - wendys signage is up and talk is that it will opeing at somepoint this month
So this will be the third store? I’m assuming the Melbourne (Burwood) one is almost complete?
from what ive seen it will be neck and neck between bayswater and Brisbane to see what opens first
That’s the first time I hear of a Wendy’s restaurant in Burwood.
7news reported in early September that the first Melbourne restaurant would be located in Bayswater.
KFC, Taco Bell operator receives takeover offer | QSR Media Australia
Restaurant Brands New Zealand Limited operates the New Zealand outlets of KFC, Pizza Hut, Taco Bell and Carl’s Jr. together with KFC and Taco Bell in Australia, KFC and Taco Bell in California and Pizza Hut and Taco Bell in Hawaii, Guam and Saipan.
Will be interesting to see if this goes though, will the new owners want to sell taco bell australia or give it another go?
Red Rooster reignites the Rippa via Leos Australia
The media placement includes the Reds’ Fox Sports sponsorship, with a Thursday Night Grand Final edition of the Matty Johns Show where the audience, crew and lead talent will be fed Rippas.
It coincides with Red Rooster adding bacon and cheese Rippa to the menu.
Schnitz debuts breakfast menu in Melbourne airport
Schnitz has unveiled its new breakfast menu, only available at its newly opened site in Terminal 4 at Melbourne Airport.
The menu will include main items such as a breakfast bowl, burgers, wraps, and snacks.
The new Schnitz airport restaurant will open on 10 October.
Celebrity chef Guy Grossi is selling Melbourne fine dining institution Grossi Florentino and other restaurants after more than 25 years running the high-profile venue.
All three restaurants within the Florentino building on Bourke Street – Grossi Grill, Cellar Bar and Grossi Florentino – are included in the sale. The new owners will be announced shortly.
The sale comes eight months after this masthead published an investigation that revealed a history of sexual harassment allegations raised by female staff and industry leaders against Grossi and his staff.
Multiple hospitality industry sources, who could not be named because they were not authorised to speak publicly, confirmed Grossi had sold the venues, and claimed the buyer is Edition Hospitality Group, led by Rebecca Yazbek, who runs Nomad restaurant and Reine & La Rue in Melbourne and other venues in Sydney.