| |
| |
| FF&E Purchasing Solutions |
| Free Hospitality Publications |
|
|
|
Restaurant Industry News
|
Sunday June 11th, 2006 |
 |
Krispy Kreme Awards Middle East Development Rights to Americana Group
|
 |
Krispy Kreme Doughnuts, Inc. (NYSE:KKD) announced today that it has awarded Middle East development rights to the Americana Group. Key markets will include, among others: Egypt, Kuwait, Saudi Arabia and the United Arab Emirates. |
Krispy Kreme's franchise agreement with the Americana Group calls for the development of approximately 100 locations over the next five years, with the first location scheduled to open in Kuwait by early fall. The Americana Group will hold a 100% ownership position in the franchise.
"This is an exciting partnership for Krispy Kreme as we move forward with the Company's turnaround," said Daryl Brewster, President and Chief Executive Officer of Krispy Kreme. "We are encouraged by the growth in our current international markets and this partnership represents an important opportunity to continue to bring the great taste of Krispy Kreme to consumers around the world."
"We are thrilled to be partnering with Americana," said Jeff Welch, Krispy Kreme's Senior Vice President of Development & International Franchising. "Americana has a solid track record of successfully operating restaurant franchises throughout the Middle East. We are confident that their understanding of the food business in this geographic region will help promote Krispy Kreme's success in the marketplace."
"We are looking forward to introducing Krispy Kreme and the hot doughnut experience to our customers in the Middle East," said Marzouk Nasser Al-Kharafi, Chairman of the Americana Group. "In full partnership with Krispy Kreme, we intend to be successful in our region by building on Krispy Kreme's superior brand, which our customers will come to appreciate and embrace."
|
|
|
 |
|
 |
|
|
| Last: |
8.85 |
| Time: |
6/9/2006 4:02pm |
| Change: |
-0.04 |
| Opened: |
8.95 |
| Day: |
9.00 - 8.80 |
| Volume: |
570100 |
| Bankrupt Krispy Kreme franchisee sells properties |
| Krispy Kreme seeks more time from stock exchange to file financials |
| Krispy Kreme Franchisee: Dispute Resolved |
| Hungry Howie's looks to expand |
|
|
 |
| Simple, yet powerful, accounting, financial and management products and services for restaurant operators. |
| rrgconsulting.com |
|
|
|
 |
| Creates web sites for the hotel, hospitality and restaurant industries that are easy to navigate and update. Sites are custom designed, search engine optimized and affordable. |
| www.hotelresource.com |
|
|
|
 |
| An innovative opinion survey system that is fully customizable with guaranteed feedback within twenty-four hours-no more waiting for results. |
| www.hrirsatellite.net |
|
|
|
 |
| Trade Publications FREE to Qualified Professionals. No hidden or trial offers, and no purchase necessary. |
| tradepub.com |
|
|
|
 |
| Generate incremental revenue via subscription services that complement your ecommerce strategy. |
| www.webloyalty.com |
|
|
|
 |
| Your source for low-price, high-quality kitchen equipment & decorative furnishings - from 'one-off' replacements to large scale purchases. |
| www.avendra.com |
|
|
|
|
Mail Me 
PDF Me
