Article: Krispy Kreme Ends Franchisee's License

EMERY P. DALESIO, AP Business Writer
AP Online
01-05-2006
Dateline: RALEIGH, N.C.
Krispy Kreme Doughnuts Inc. said Thursday it has terminated the license of its largest franchise operator, which means the franchise operator can no longer sell doughnuts under the famous brand name.

Krispy Kreme said Los Angeles-based Great Circle Family Foods LLC, which operates 28 Krispy Kreme locations in Southern California, has not paid the required royalties and fees.

"As a result of the termination, effective immediately, Great Circle Family Foods can no longer legally operate these stores as Krispy Kreme outlets and is required to remove Krispy Kreme signs and symbols within 30 days," said Krispy Kreme ...

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