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The New Daily
The New Daily
Matthew Elmas

Donut King, Michel’s Patisserie owner to pay $10 million in franchisee compo

ACCC Gina CassGottlieb
RFG franchisees have long alleged they were mistreated and misled by the corporate behemoth. Photo: TND

The corporate behemoth behind franchise chains Michel’s Patisserie, Donut King and Gloria Jeans will pay millions in compensation to franchisees over alleged unconscionable conduct.

Scandal-plagued Retail Food Group, which has been the focus of franchisee outcry in recent years over a string of media exposes about small businesses being shafted, agreed to waive $1.8 million in debts and pay $8 million in compo in a deal with regulators unveiled on Friday.

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