Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • Exclusive Masterclass access. Part of Retail Week 2021

An appetite for competition: New rivals eat into the fast food market

(Source: supplied )
The fast food industry has been well-placed to survive the pandemic, indeed some franchised brands have reported solid trade as house-bound Aussies turn to deliveries and takeaways. In August 2021, the New Zealand-based Restaurant Brands reported its Australian operations grew 24.1 per cent during the half-year to June 2021, to NZ$117 million ($107.1 million) in sales, and $5.3 million in and operating profit rose 106 per cent, to NZ$5.3 million. KFC Australia master franchisee Collins Foods rep