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Article: Krispy Kreme Awards Franchise Development Rights for Shanghai, Beijing and Tianjin, China.
- Article from:
- PR Newswire
- Article date:
- October 8, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WINSTON-SALEM, N.C., Oct. 8 /PRNewswire-FirstCall/ -- Krispy Kreme Doughnuts, Inc. announced today that it has entered into an agreement with KKD Lotte Holdings Company, Ltd. for the development of approximately 35 Krispy Kreme retail locations over the next four to five years in the metropolitan areas of Shanghai, Beijing and Tianjin, China. Lotte is also Krispy Kreme's franchisee in the Republic of Korea and Japan.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991216/NYTH146 )
"We are very excited to expand our successful relationship with Lotte," said Jeff Welch, President of Krispy Kreme International Store Operations. "Lotte has been an outstanding ...