10 July, 2003

Fear the Doughnut

Krispy Kreme announces expansion plans:

Krispy Kreme Doughnuts Inc. plans to expand aggressively in the United States and is taking additional steps to set up shop overseas, the company's chief operating officer said Tuesday.

Speaking at the CIBC World Markets Consumer Growth Conference, John Tatez said the Winston-Salem, N.C.-based company is in various stages of development in 20 new markets domestically and abroad and has specific plans for 77 new stores this year in North America.

Please, please tell me that one of those new domestic stores will be in the DC metro area. We could really use another store that's not in the middle of nowhere.

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