Firm Sells Starbucks South Africa for a Song
Taste Holdings has sold its 13 Starbucks branches after a turnaround strategy adopted by the company failed to yield success. The holding firm says it is moving away from the food business and are looking for buyers for Dominos Pizza and other franchises. It will now turn its attentions to its luxury goods businesses, some of which are also struggling financially.
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InFocus
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Taste Holdings, the owners of the South African licence for Starbucks and Domino's Pizza, has gone back to the drawing board to avoid, what CEO Dylan Pienaar described, the ... Read more »