The bluster around automation, artificial intelligence and jobs plays out online and in column inches most weeks around the world, but is it justified?
Collins Foods, Australia's biggest KFC franchisee, has lifted full-year profit by 16 per cent, buoyed by the addition of new stores to its network, and despite the Western Australian market being an under-performer.
ASX-listed Collins Foods will spend $110.2 million to acquire 28 KFC restaurants around Australia from US-based Yum! Brands, six of which are in Western Australia.
Queensland-based food group Collins Foods will pay $55.6 million to acquire Competitive Foods' KFC business, which is the franchisee of 44 KFC restaurants in Western Australia and the Northern Terr
An independent review of Australia's franchise sector has recommended substantial reforms, including strengthening the obligations of parties to act in good faith and a stronger enforcement regime.
PERTH water management company Welltech has had the biggest win of its 20-year history with a contract to work on Brisbane's largest capital works project.
THE debate around implementing legislative safeguards for franchisees has re-emerged with the federal government committing to a review of the Franchising Code of Conduct.