Business

Tony Alford at the time of the RFG float in 2006.

Retail Food Group's shares plunge to five-year low

Retail Food Group's shares plunged more than 27 per cent hitting a five year low after a Fairfax Media investigation revealed hundreds of Donut King, Brumby's and Gloria Jeans stores were going to the wall as a result of a brutal franchise model.

Former RFG CEO Tony Alford (left).

The rise of the donut king

Tony Alford first shot to international attention in 1998 over his role in the messy business affairs of Michael Hutchence.

Small Business