14 Stores Are Planned For The Country Over The Next Five Years
Krispy Kreme Doughnut Corporation today announced that its franchisee, Dominspec, S.A. has opened the first Krispy Kreme doughnut shop in the Dominican Republic.
The new shop is located in the center of Santo Domingo on the popular Winston Churchill Avenue. This is the first of 14 Krispy Kreme shops the franchisee plans to open over the next five years. The shop will offer 17 varieties of Krispy Kreme doughnuts that will be made fresh daily, including the signature Original Glazed(R) doughnut.
"We are pleased to announce that our signature doughnuts are now available in the beautiful city of Santo Domingo, Dominican Republic," said Jim Morgan, president and chief executive officer of Krispy Kreme. "Our franchise partner, Dominspec, S.A., is an experienced QSR operator that knows this exciting market extremely well, and its unique experience fits perfectly with the fun and excitement associated with the Krispy Kreme brand around the world."
"We are very glad to announce in the Dominican Republic that Krispy Kreme is finally here. We believe it is a brand that has a great magic around people and that is one that really delivers happiness. We have been amazed how well received the brand has been by the consumers," said Isabel Turull, Managing Director of Dominspec, S.A. "There is a very big market niche for this unbelievable brand which is a one of a kind doughnut. Our group feels very proud to have the honor of representing the brand in our country. This is the perfect time to share."
Currently, the Krispy Kreme Original Glazed(R) doughnut can be found in 20 countries, including the United States, Australia, Bahrain, Canada, China, Dominican Republic, 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.
About Krispy Kreme
Krispy Kreme is an international retailer of premium-quality sweet treats, including its signature Original Glazed(R) doughnut. Headquartered in Winston-Salem, N.C., the company has offered the highest-quality doughnuts and great-tasting coffee since it was founded in 1937. Krispy Kreme is proud of its Fundraising program, which for decades has helped non-profit organizations raise millions of dollars in needed funds. Today, Krispy Kreme can be found in approximately 616 locations around the world. Krispy Kreme Doughnuts, Inc. (NYSE: KKD) is listed on the New York Stock Exchange.
About Dominspec, S.A.
Is a part of a conglomerate with more than 16 years of experience in the fast food business, which includes Burger King with 31 restaurants, Papa John's with six restaurants, and now Krispy Kreme. The group also owns the Palacio del Cine movie theatres with seven locations in the country.
Logos, product and company names mentioned are the property of their respective owners.