Allied Brands Ltd, (ABQ) who used a brief dip in the AU $ exchange rate to rape shop owners with a 35% price increase on imported AND domestic products, have seen this strategy take down 44 shops in one hit.Baskin Robbins franchisor for Thailand, Centara today announced closure of all 44 Baskin Robbins shops in Thailand, with a loss of some 700 jobs.
Thailand Baskin Robbins shops have seen the same abusive price increases that have been imposed by Allied Brands in Australia. The result of this strategy is clear - - -
COLLAPSE OF THE CHAIN.
Australian franchisees have expressed horror that the ice cream pricing has been used to prop up Allied Brands corporate spending, company cars, lavish lunches, and corporate boxes at horse and car races. The closure of Baskin Robbins shops in Australia will now accelerate as the folly of this pricing abuse by Allied Brands becomes clear.
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