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Pie Face

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Pie Face
Company typeSubsidiary and franchise system
IndustryRestaurant
Founded2003
Area served
Australia, Japan, New Zealand, Singapore, Malaysia, Philippines, Thailand, United States, South Korea
ProductsCoffee, pies and soft drinks
Websitewww.pieface.com.au

The Pie Face chain was founded in 2003 in Sydney. It predominantly sells various type of pies and coffee.[1]

Financial troubles

A closed Pie Face store in Newtown, New South Wales in November 2014

In November 2014 Pie Face entered voluntary administration, facing legal action both in Australia and the US.[2][3][4] The firm secured financing in December 2014 and will continue trading. However, its focus will be shifted mainly to wholesale and retail sales.[5]

The chain has also operated in New Zealand under a franchise agreement since 2013, although several stores opened there have since closed down.[6]

Pie Face went in receivership again in late 2016, and closed eleven company-owned stores. As at 24 November 2016 approximately 26 franchised stores remained open.[7]

See also

References

  1. ^ "Pie Face Menu". pieface.com.au. Retrieved 14 July 2015.
  2. ^ Keating, Eloise (24 November 2014). "Pie Face plunges into administration". smartcompany.com.au. Archived from the original on 24 November 2014. {{cite web}}: |archive-date= / |archive-url= timestamp mismatch; 4 April 2016 suggested (help)
  3. ^ Redrup, Yolanda (8 April 2014). "Pie Face in legal action, as former franchisee seeks $800,000 for misleading conduct". smartcompany.com.au. Archived from the original on 8 February 2016.
  4. ^ Keating, Eloise (1 December 2014). "Pie Face under attack as disgruntled builder sues US arm over unpaid bills and receivers appointed". smartcompany.com.au. Archived from the original on 14 January 2015.
  5. ^ Heffernan, Madeleine (31 December 2014). "Fast-food chain Pie Face on the rise". The Canberra Times. Fairfax Media.
  6. ^ Murphy, Jason (13 January 2013). "Franchisees to sue Pie Face". Stuff.co.nz. Fairfax New Zealand Limited.
  7. ^ Mitchell, Sue (24 November 2016). "Pie Face goes up for sale after second collapse in two years". The Canberra Times. Retrieved 24 November 2016.