Industry News | August 25, 2010

First Dominican Krispy Kreme Now Open

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Krispy Kreme Doughnut Corporation 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 doughnut.

"We are pleased to announce that our signature doughnuts are now available in the beautiful city of Santo Domingo, Dominican Republic," says Jim Morgan, president and CEO of Krispy Kreme. "Our franchise partner, Dominspec S.A., is an experienced [quick-serve] 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," says 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."