Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Krispy Kreme Goes to Russia

Following a path previously trod by its rival Dunkin' Donuts, Krispy Kreme Doughnuts (NYSE: KKD  ) is going to Russia.

On Tuesday, the Winston-Salem, N.C.-based doughnut purveyor announced that it is partnering with Russian restaurateur Arkady Novikov, owner of Moscow-based LLC Doughnuts Cafe, to open the first Krispy Kreme franchise in Moscow. The new shop, located on Nikolskaya Street adjacent Moscow's famous GUM shopping mall and Red Square, is scheduled to open this Thursday. It is styled as a kofeinya, or coffee house. It has 3,229 square feet. The menu will feature iced, glazed, and filled doughnuts, as well as coffees, espressos, teas, and iced beverages. There will be a Krispy Kreme's Hot Light.

The new Krispy Kreme shop in Russia.
Source: Krispy Kreme

Once opened, it will be the first of 40 such Krispy Kreme shops that the partners intend to open in Moscow over the coming years.

Krispy Kreme currently boasts more than 540 locations in 21 international markets. As CEO James Morgan said in a statement: "We are excited to add Moscow to our growing list of international markets, and look forward to our continued growth."

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2630851, ~/Articles/ArticleHandler.aspx, 9/27/2016 1:41:54 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,228.09 133.26 0.74%
S&P 500 2,160.78 14.68 0.68%
NASD 5,299.61 42.12 0.80%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
KKD $0.00 Down +0.00 +0.00%
Krispy Kreme Dough… CAPS Rating: **