Franchise news
29.09.2009
Krispy Kreme launches in Turkey
The Krispy Kreme Doughnut Corporation announced last month that its franchisee, Almana Yiyecek Ve Icecek San. Ve. Tic, Ltd, STI (part of the Almana Group), has opened the first Krispy Kreme doughnut shop in Turkey. According to the information provided, the new shop is located in the city of Istanbul on the popular Bagdat Avenue known for its stylish cafes, restaurants and clothing stores. This is, the company says, the first of 25 Krispy Kreme shops the franchisee plans to open over the next five years.
"We are very happy to announce that our one-of-a-kind Krispy Kreme doughnuts are now available in the vibrant city of Istanbul, Turkey," said Jim Morgan, president and chief executive officer of Krispy Kreme. "We are partnered with experienced QSR operators, the Almana Group, that know this exciting region of the world extremely well. Their unique experience fits perfectly with the fun and excitement associated with the Krispy Kreme brand around the world."
Founded in 1937 and headquartered in Winston-Salem, N.C., Krispy Kreme is an international retailer of premium-quality sweet treats, including its signature Original Glazed((R)) doughnut. The company is currently active in 18 countries, including the United States, Australia, Bahrain, Canada, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, the Philippines, Puerto Rico, Qatar, the Republic of Korea, the Kingdom of Saudi Arabia, Turkey, the United Arab Emirates, and the United Kingdom. The company also recently announced a franchise development agreement for China. (kbp)
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