Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Brumby's targets 50 stores

Brumby's targets 50 stores as its celebrates 10 years in NZ

August 4, 2005

Leading bakery franchise Brumby's has revealed it aims to more than double its New Zealand store numbers to 50 as its celebrates its tenth birthday in the country.

>From opening its first New Zealand franchise at Devonport in 1995, the bakery chain has grown to 21 stores with its latest store at Coastlands Shopping Town, Paraparaumu opened July 2005.

And Brumby's has interest from Invercargill, Gisborne, Tauranga, Wellington, Kerikeri to continue its expansion throughout 2005.

Brumby's New Zealand head Rachel Casley said the goal was to have 50 stores within the next five years on the back of exceptional store sales.

Our New Zealand stores are achieving 45,000 transactions per week with growth in existing store sales double the New Zealand retail average,'' Ms Casley said.

"With 80 per cent of Brumby's New Zealand stores based outside of Auckland I would expect future store openings would follow a similar trend.

"This allows us to take advantage lower rents, less competition and lower marketing costs."

Ms Casley said after a decade in New Zealand Brumby's was now serving 45,000 customers each week.

It also made available more than $2.5 worth of bread products to local charities every year.

Brumby's has 300 stores across Australia and New Zealand and is listed on the Bendigo Stock Exchange.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news