{"id":101318,"date":"2025-02-13T10:00:00","date_gmt":"2025-02-12T23:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=101318"},"modified":"2025-02-12T23:35:30","modified_gmt":"2025-02-12T12:35:30","slug":"michels-patisserie-close-stores-struggles","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/michels-patisserie-close-stores-struggles\/","title":{"rendered":"Michel\u2019s Patisserie to Close All Stores Across Australia After Financial Struggles"},"content":{"rendered":"\n<p>After more than <strong>two decades in Australia\u2019s bakery and caf\u00e9 scene<\/strong>, <strong>Michel\u2019s Patisserie<\/strong> is set to close its doors nationwide. The announcement follows <strong>long-running financial difficulties<\/strong> and a <strong>strategic reassessment<\/strong> by its parent company, <strong>Retail Food Group (RFG)<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A Transition for Franchise Owners<\/h2>\n\n\n\n<p>Retail Food Group confirmed the decision on Tuesday, revealing that <strong>Michel\u2019s Patisserie <\/strong>locations will either close or be rebranded under other <strong>RFG-owned chains<\/strong>, such as <strong>Gloria Jean\u2019s<\/strong> or <strong>Donut King<\/strong>. The company currently operates 19 Michel\u2019s Patisserie franchises across New South Wales, Queensland, and <a href=\"https:\/\/en.econostrum.info\/au\/federal-government-boosts-education-funding\/\" target=\"_blank\" data-type=\"post\" data-id=\"100656\" rel=\"noreferrer noopener\">Victoria<\/a>.<\/p>\n\n\n\n<p>A spokesperson for RFG stated that discussions with franchise partners were already underway to explore <strong>new business opportunities<\/strong>.<\/p>\n\n\n\n<p><em>&#8220;These conversations form part of our organisation\u2019s evolution to be closer to our customers, focusing on elevating customer experience to drive growth, and increasing Franchise Partner profitability,&#8221;<\/em> the spokesperson told <strong><a href=\"https:\/\/www.skynews.com.au\/business\/markets\/aussie-loved-bakery-michels-patisserie-to-shutter-all-stores-across-the-country-after-nearly-two-decades-following-financial-troubles\/news-story\/2c59bf0ca7181a5e719afa973a013133\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.skynews.com.au\/business\/markets\/aussie-loved-bakery-michels-patisserie-to-shutter-all-stores-across-the-country-after-nearly-two-decades-following-financial-troubles\/news-story\/2c59bf0ca7181a5e719afa973a013133\" rel=\"noreferrer noopener\">Sky News<\/a><\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A Once-Popular Bakery Facing Growing Challenges<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.michels.com.au\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.michels.com.au\/\" rel=\"noreferrer noopener\">Michel\u2019s Patisserie<\/a> was founded in <strong>1990<\/strong> by <strong>Noel Carroll and Noel Roberts<\/strong>, and quickly gained traction in Australia&#8217;s caf\u00e9 culture. By <strong>1994<\/strong>, the chain had expanded to <strong>35 outlets in Sydney<\/strong>, with <strong>10 more planned<\/strong> for the near future. The brand became a staple in Australia\u2019s <strong>retail food market<\/strong>, known for its <strong>cakes, pastries, and coffee<\/strong>.<\/p>\n\n\n\n<p>However, in <strong>2015<\/strong>, the company <strong>switched from offering freshly baked goods to supplying frozen cakes<\/strong>, a move that significantly impacted <strong>product quality and customer loyalty<\/strong>. This decline in standards led to <strong>a drop in sales<\/strong> and <strong>ongoing financial struggles<\/strong>.<\/p>\n\n\n\n<p>In <strong>2022<\/strong>, the <strong>Australian Competition <\/strong>and Consumer Commission<strong> (<a href=\"https:\/\/www.accc.gov.au\/\" data-type=\"link\" data-id=\"https:\/\/www.accc.gov.au\/\" target=\"_blank\" rel=\"noopener\">ACCC<\/a>)<\/strong> took legal action against <strong>RFG<\/strong>, alleging that the company had sold Michel\u2019s Patisserie<strong> <\/strong>franchises while knowing they were operating at a loss.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Support for Affected Franchisees<\/h2>\n\n\n\n<p>Retail Food Group has stated that it will support <strong>Michel\u2019s Patisserie franchisees<\/strong> during the transition, offering <strong>financial assistance<\/strong> and alternative business models under its other caf\u00e9 brands.<\/p>\n\n\n\n<p><em>&#8220;We believe that each of the Gloria Jean\u2019s and Donut King brands provide exciting opportunities and a compelling option for Michel\u2019s Patisserie Franchise Partners considering their immediate or longer-term business futures,&#8221;<\/em> the company said in a statement.<\/p>\n\n\n\n<p>While Michel\u2019s Patisserie had a <strong>strong presence in Australia\u2019s retail food market<\/strong>, RFG cited <strong>barriers to future brand growth<\/strong> as a key reason for the decision. The company has reassessed its strategy, focusing on investing in <strong>brands with stronger market potential<\/strong>.<\/p>\n\n\n\n<p>Now, <strong>all 19 Michel\u2019s Patisserie franchises operated by RFG across New South Wales, Queensland, and Victoria are set to close<\/strong>. Franchisees will have the opportunity to <strong>convert their businesses<\/strong> to other RFG brands such as <strong>Gloria Jean\u2019s or Donut King<\/strong>.<\/p>\n\n\n\n<p>With the closure of <strong>Michel\u2019s Patisserie<\/strong>, another <strong>well-known Australian bakery chain<\/strong> disappears from the country\u2019s <strong>food court landscape<\/strong>, marking <strong>the end of an era<\/strong> for customers who once frequented its stores for coffee and cake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michel\u2019s Patisserie is closing all its stores across Australia after more than two decades, as parent company Retail Food Group (RFG) shifts its strategy.<\/p>\n","protected":false},"author":9,"featured_media":101319,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-101318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/101318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/comments?post=101318"}],"version-history":[{"count":1,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/101318\/revisions"}],"predecessor-version":[{"id":101320,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/101318\/revisions\/101320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media\/101319"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media?parent=101318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/categories?post=101318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/tags?post=101318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}