Franchise Snippets

OBC CHICKEN & MEAT CELEBRATES 50 YEARS

With a track record of 30 years to look back on, the OBC brand has certainly proven its staying power. But, as Tony da Fonseca so eloquently put it in his address at their celebrations, ‘the achievements of the past 30 years will pale into insignificance when compared with what we’ll achieve over the next five years.”

Franchisees that had done the OBC brand proud were recognised and Tony da Fonseca used the opportunity to map out a glorious future for the brand. Group chairman John Fourie thanked franchisees and members of the head office team for their contributions to the success of the brand. He also announced that he would make funding available that will help to take OBC to new heights.

PICK N PAY CELEBRATES 50 YEARS WITH PRICE CUTS

Pick n Pay, which celebrates 50 years since it was founded by Raymond Ackerman, remains a firm favourite, known for being the customer’s champion, fighting for lower prices and best value.  To celebrate their anniversary year, they are focusing on helping and winning customers by investing R500 million in permanently lower prices on 1 300 everyday grocery lines, lowered fruit, vegetable and meat prices, and put over 1000 items on special. They have also modernizedtheir Smart Shopper loyalty scheme to deliver weekly instant discounts. It recently cut the everyday prices of over 1 300 essential items,

For those investing in Pick n Pay shares, their results for the year ended 26 February 2017 show an achievement of 18% growth in headline earnings per share, a turnover growth of 7% and like-for-like growth of 3.4%. The group declared a final dividend of 146.40 cents per share, bringing the total dividend for the year to 176.30 cents.

BURGER KING & DUNKIN’ DONUTS INSTALL DIGITAL PHOTO BOOTHS

Visit Burger King or Dunkin’ Donuts at their N1 city outlets in Cape Town and  enter their state of the art ‘selfie’ photo booth, with pop-up prompts which take you through a basic 3-step process to have your photo taken. Wait for the countdown, pose, smile and your digital image can be shared via Facebook, Twitter or email.

STARBUCKS TURNS ONE, OPENS FOURTH STORE

It seemed only yesterday that we had the opportunity to sample what the rest of the world is mad about – Starbucks coffees!  Their first store in Rosebank saw queues of people waiting to buy the world-renowned brand. The next store to open was at the Mall of Africa, followed by one in Pretoria’s Menyln Maine and soon another one in Menlyn Park. According to Taste Holdings’ CEO. Carlo Gonzaga, “the brand has been welcomed with open arms by South Africans and will continue to open more stores, introduce their loyalty and payment solution app and become a big part of the communities they serve.”

KRISPY KREME TO OPEN IN NIGERIA

A franchise agreement deal was signed with Quality Foods Africa to roll out 20 Krispy Kreme outlets over five years.  Nigeria is the second African nation to get Krispy Kreme shops, South Africa being the first, in 2015. “As the world’s seventh largest country by population, at 187 million, and the world’s 20th largest economy, Nigeria is a huge market, says Michael McGill, Krispy Kreme’s vice president of international.  Nigeria becomes the 19th company where Krispy Kreme has international shops or franchise agreements in place.  In total Krispy Kreme has 114 company owned stores, 183 domestic franchises in the USA and 836 international franchise outlets totaling 1 133.

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