Dunkin’ Donuts Arrives in South Africa to Challenge Krispy Kreme
- U.S.-owned sweet-goods seller opens first store in Cape Town
- Dunkin’ plans to have 290 South African outlets in 10 years
This article is for subscribers only.
South Africans wanting hot glazed doughnuts with a gulp of coffee can now choose between two U.S. brands -- Dunkin’ Donuts and Krispy Kreme.
Dunkin’ Brands Group Inc. opened its first outlet in Cape Town on Thursday, the first of five scheduled to start in the coastal city by the end of 2016. That’s according to Alan Keet, chief executive officer of South African leisure company Grand Parade Investments Ltd., which will run the stores as a franchisee. Dunkin’ intends to open in Johannesburg in the first half of 2017, where the company will compete directly with rival Krispy Kreme Doughnuts Inc., which already has a presence in the country’s most populous city.