Thursday, May 15, 2014

Krispy Kreme to open 600th international store in Carolina, Puerto Rico

Given its North Carolina roots, it seems pretty fitting that Krispy Kreme Doughnuts Inc. is opening its 600th international store in Carolina.

That's Carolina, Puerto Rico.

The Winston-Salem-based company (NYSE: KKD) announced Wednesday that the store will open Saturday.

It will be operated by its Puerto Rico-based franchise partner, Caribbean Glaze Corp. Caribbean Glaze opened its first Krispy Kreme location in 2008 in Caguas, Puerto Rico, and has five additional stores on the island.

“We are excited to see our international franchise business growing through deeper relationships with our franchise partners," said Dan Beem, Krispy Kreme's President of International. "All are signs of a bright future for our brand and our global partners.”

Krispy Kreme, which is in the midst of an ambitious domestic and international growth plan, now has more than 800 retail shops in more than 20 countries in North America, Latin America, the Asia/Pacific region, the Middle East and Europe.

The company aims to have 900 international franchises by fiscal 2017.



Krispy Kreme to open 600th international store in Carolina, Puerto Rico

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