Krispy Kreme Plans 71% Jump in U.S. Shop Network by 2017
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Krispy Kreme Doughnuts Inc., which adopted measures to discourage a buyer amid speculation it’s an acquisition target, plans a 71 percent increase in its U.S. shop network by 2017 after restraining growth this fiscal year.
Krispy Kreme is targeting 400 outlets domestically, compared with a 234-store network in the 12 months through January 2012 and 240 in the year ending this month, the Winston-Salem, North Carolina-based retailer said today in a statement. It reiterated a target set a year ago of expanding franchises abroad to 900 outlets in 2017 versus 506 currently.