Doughnut chain expands in UK
Wednesday 01 June 2011
The doughnut chain Krispy Kreme is to double its number of UK stores over the next five years as the country's desire for sweet treats grows.
The company, which produced more than 50 million doughnuts for UK customers in the year to January, aims to open 10 stores a year. The plans will see total stores double from 47 to nearly 100 by 2016.
Krispy Kreme – which first came to the UK in October 2003 through a concession in Harrods department store – will open its next store in Leeds in July.
The expansion plans came as Krispy Kreme posted a 1.4 per cent rise in UK sales of £33.4m, compared to £29.7m the previous year. In the past year, it opened six stores in the UK, and 50 cabinets in Tesco.
Krispy Kreme was founded in 1937 in North Carolina, in the US, where the parent company is still based. It licenses the brand on a franchise basis in international markets.
- 1 Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Driving while dehydrated can be just as dangerous as drink driving, study suggests
- 4 Ben Affleck asked TV chiefs to hide slave-owning ancestry, new hacked Sony emails published by Wikileaks claim
- 5 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Ben Affleck asked TV chiefs to hide slave-owning ancestry, new hacked Sony emails published by Wikileaks claim
Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...