Industry News | August 24, 2009

Krispy Kreme Moves into Turkey

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Krispy Kreme Doughnut Corporation announced that franchisee Almana Yiyecek Ve Icecek San. Ve. Tic Ltd, STI (part of the Almana Group) opened the first Krispy Kreme doughnut shop in Turkey.

The new shop is located in the city of Istanbul on the popular Bagdat Avenue known for its stylish cafes, restaurants, and clothing stores. It is the first of 25 Krispy Kreme shops the franchisee plans to open over the next five years. The shop will offer 16 varieties of Krispy Kreme doughnuts that will be made fresh daily, including the signature hot Original Glazed doughnut.

"We are very happy to announce that our one-of-a-kind Krispy Kreme doughnuts are now available in the vibrant city of Istanbul, Turkey," says Jim Morgan, president and CEO of Krispy Kreme. "We are partnered with experienced [quick-serve] operators, the Almana Group, that know this exciting region of the world extremely well. Their unique experience fits perfectly with the fun and excitement associated with the Krispy Kreme brand around the world."

"Our Turkish customers are excited and have been waiting a long time for the opening of Krispy Kreme's first store in Istanbul," says Bader Almana, member of the Almana Group Board of Directors. "We are very pleased at the reception we have received already and believe Krispy Kreme and the world famous hot Original Glazed doughnut will very quickly become a new taste trend that the Turkish people will love and enjoy sharing with friends and family."