Swift on the heels of Pizza Hut and Domino’s is another imminent arrival, US doughnut brand Krispy Kreme.
Krispy Kreme opened its 1 000th store recently and was founded in the US in 1937. It has since expanded to countries including Australia, Bahrain, Canada, Colombia, Dominican Republic, India, Indonesia, Japan, Kuwait, Malaysia, Mexico, the Philippines, Puerto Rico, South Korea, Russia, Qatar, Saudia Arabia, Taiwan, Thailand, Turkey, UAE, and the UK.
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“We’re excited about bringing joy to South Africa,” says CEO of Krispy Kreme Doughnuts SA, Gerry Thomas. “We’ll be opening 30 South African stores in the next five years.”
The franchise giant has signed a development agreement with KK Doughnuts SA, owned by John &Gerry Brands and Fournews. Fournews is the majority partner and has six other well-known brands in its portfolio including Café Fino, News Café, Smooch, Moyo, illy GO! and Brooklyn Brothers, a soon-to-be-launched pizzeria.