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

 

Brumby’s on the rise with 30th anniversary

October 11, 2005

Brumby’s on the rise with 30th anniversary

Leading Australian and New Zealand bakery franchise Brumby’s is celebrating its 30th birthday in a year which saw it open its 21st New Zealand store and its shares reach a record price more than double what they listed for less than two years ago.

The bakery chain began three decades ago as a single shop in Victoria, Australia, named the ‘Old Style Bread Centre’.

Michael Sherlock, managing director of Brumby’s, said like many successful businesses Brumby’s had a modest beginning with its first store in the Melbourne suburb of Ashburton in 1975.
“During the ‘80s, we wanted to show our truly Australian identity so the Brumby’s brand was born. By the early ‘90s, Brumby’s had become a true franchise success story,’’ said Mr Sherlock.
“And now with more than 300 stores across Australia and New Zealand, we have still maintained our outstanding reputation for the quality of our preservative-free bread and more than 150 products.”

Mr Sherlock said Bumby’s had witnessed a remarkable growth period in its 30th year.

“We opened our 300th franchise, including our 21st store in New Zealand, as well as launching the first of our new concept stores Brumby’s Go! which have been a remarkable success,’’ Mr Sherlock said.

“At the same time we are continuing to investigate opportunities to expand in Asia and the Pacific.

“And after listing on the Bendigo Stock Exchange (BSX) in December 2003 at $0.55, Brumby’s share price recently reached $1.35.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech