NationMaster - Encyclopedia: Krispy Kreme

Krispy Kreme is a chain of doughnut stores. Its parent company is Krispy Kreme Doughnuts, Inc. (NYSE: KKD), based in Winston-Salem, North Carolina, United States. This article does not cite any references or sources. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Nickname: Twin City, Camel City Motto: Youre Something Special in Winston-Salem Location in North Carolina Coordinates: Country United States State North Carolina Counties Forsyth County Founded Incorporated 1766 (Salem) 1849 (Winston) 1913 - Mayor Allen Joines (D) Area - City 109. ... For other uses, see Restaurant (disambiguation). ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... The United States dollar is the official currency of the United States. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... The United States dollar is the official currency of the United States. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... This article is about work. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... For other uses, see Doughnut (disambiguation). ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Nickname: Motto: Youre Something Special in Winston-Salem Location in North Carolina Coordinates: , Country State Counties Forsyth County Founded Consolidated 1766 Salem 1849 Winston 1913 Government - Mayor Allen Joines (D) Area - City 132. ...

Krispy Kreme sells a variety of doughnuts, but it is most famous for its traditional glazed doughnut, often served warm. Select varieties of Krispy Kreme doughnuts are carried in many grocery stores, convenience stores, and gas stations. Krispy Kreme doughnuts can also be found in some larger Wal-Mart and Target stores in the United States, Wal-Mart, Loblaws supermarkets and Petro-Canada gas stations in Canada, and now many Tesco supermarkets and Tesco Extra hypermarkets in the United Kingdom. For other uses, see Doughnut (disambiguation). ... For a large scale grocery store, see supermarket. ... This article does not cite any references or sources. ... Modern gas station A filling station, gas station or petrol station is a facility that sells fuel for road motor vehicles – usually petrol (US: gas/gasoline), diesel fuel and LPG. The term gas station is mostly particular to the United States of America and Canada, where petrol is known as... Wal-Mart Stores, Inc. ... This article is about the United States retail company. ... Wal-Mart Stores, Inc. ... Loblaws, Toronto, 2007 Loblaws is a supermarket chain of 68 stores, headquartered in Brampton, with stores across Ontario and Quebec. ... Petro-Canada is a Canadian oil and gas firm headquartered in Calgary, Alberta. ... , For other uses, see Tesco (disambiguation). ... This article refers to Tesco PLC - the international retailer headquartered in the UK, see also Tesco (Disambiguation). ...

The company's growth was steady prior to its initial public offering but profits have decreased in recent quarters.^[1] Wikipedia does not yet have an article with this exact name. ...

In 2006, Kuwait-based M A Kharafi Group acquired 6.7% of Krispy Kreme Doughnuts Inc.^[2]

Most free-standing Krispy Kreme stores are constructed with a long window between the customer area and the kitchen allowing patrons to watch the operation of the doughnut making machines. The machines produce rings of dough, yeast raise, bake, deep-fry, flip, and glaze the doughnuts. These stores have a neon sign that, when lit (usually morning and evening), tells customers that hot, fresh doughnuts are coming off the line at that moment. Some smaller locations, however, bring in their doughnuts from other locations rather than producing them on-site. Krispy Kreme's competitors within the United States include Dunkin' Donuts, Starbucks, Winchell's and Tim Hortons.^[3] Dough Dough is a paste made out of any cereals (grains) or leguminous crops by grinding with small amount of water. ... Typical divisions Ascomycota (sac fungi) Saccharomycotina (true yeasts) Taphrinomycotina Schizosaccharomycetes (fission yeasts) Basidiomycota (club fungi) Urediniomycetes Sporidiales Yeasts are a growth form of eukaryotic microorganisms classified in the kingdom Fungi, with approximately 1,500 species described. ... Baking is the technique of cooking food in an oven by dry heat applied evenly throughout the oven. ... A Deep-fried Twinkie Deep-frying is a cooking method whereby food is submerged in hot oil or fat. ... A glaze in cooking is a coating of a glossy, often sweet, mixture applied to food. ... Dunkin Donuts is an international coffee and donut retailer founded in 1950 in Quincy, Massachusetts, U.S. by William Rosenberg. ... For other meanings of the name Starbuck, see Starbuck. ... Tim Hortons is a coffee-and-doughnut fast food restaurant chain largely based in Canada. ...

History

The founder, Vernon Rudolph, worked for his uncle, Ishmael Armstrong, who purchased a secret recipe for yeast-raised doughnuts and a shop on Broad Street in Paducah, Kentucky, from Joseph LeBeouf of Lake Charles, LA . Rudolph began selling the yeast doughnuts in Paducah and delivered them on his bicycle. The operation was moved to Nashville, TN, and other family members joined to meet the customer demand. Rudolph sold his interest in the Nashville store and in 1937 opened a doughnut shop in Winston-Salem, NC, and began selling to groceries and then directly to individual customers. The first Krispy Kreme store was located in a rented building on South Main Street in Winston-Salem in what is now called historic Old Salem. Image File history File links Question_book-3. ... Krispy Kreme delivery van Taken in Las Vegas in 2001 by Bob Palin File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Krispy Kreme delivery van Taken in Las Vegas in 2001 by Bob Palin File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File linksMetadata Size of this preview: 800 Ã— 600 pixel Image in higher resolution (2048 Ã— 1536 pixel, file size: 1. ... Image File history File linksMetadata Size of this preview: 800 Ã— 600 pixel Image in higher resolution (2048 Ã— 1536 pixel, file size: 1. ... For other uses, see Washington, D.C. (disambiguation). ... Krispy Kreme Doughnuts Inc. ... Paducah is a city in McCracken County, Kentucky at the confluence of the Tennessee River and the Ohio River. ... Old Salem is a living history museum that operates within the restored Moravian community of Salem. ...

By the 1960s, Krispy Kreme was well-known throughout the southeastern United States, and it began to expand into other areas of the country.

In 1976, Krispy Kreme Doughnut Corporation became a wholly owned subsidiary of Beatrice Foods Company of Chicago, Illinois. The headquarters for Krispy Kreme remained in Winston-Salem. A subsidiary, in business, is an entity that is controlled by another entity. ... The Beatrice Foods Company was a major American food processing company and household name, until it was taken over by Kohlberg Kravis Roberts & Co. ... Flag Seal Nickname: The Windy City Motto: Urbs In Horto (Latin: City in a Garden), I Will Location Location in Chicagoland and northern Illinois Coordinates , Government Country State Counties United States Illinois Cook, DuPage Mayor Richard M. Daley (D) Geographical characteristics Area City 606. ...

A group of franchisees purchased the corporation back from Beatrice Foods in 1982. Franchising (from the French for honesty or freedom[1]) is a method of doing business wherein a franchisor authorizes proven methods of doing business to a franchisee in exchange for a recurring payment, fees and a percentage of sales or profits. ... For other uses, see Corporation (disambiguation). ...

In 2003, a pilot project in Mountain View, California, to sell doughnuts through car windows and sunroofs at a busy intersection (with wireless payment) failed. Image File history File linksMetadata Download high-resolution version (1122x500, 264 KB) A Krispy Kreme in Eden Prairie, Minnesota. ... Image File history File linksMetadata Download high-resolution version (1122x500, 264 KB) A Krispy Kreme in Eden Prairie, Minnesota. ... Eden Prairie is a city located in Hennepin County, Minnesota. ... is the 52nd day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... Mountain View is a city in Santa Clara County, in the U.S. state of California. ... Mobile payment is processing a payment for goods or services with a mobile device such as a mobile phone, Personal Digital Assistant (PDA), or other such device. ...

On June 3, 2005, National Doughnut Day in the US, participating franchises gave away free doughnuts. is the 154th day of the year (155th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...

On February 19, 2007, Krispy Kreme began selling the Whole Wheat Glazed doughnut in an attempt to appeal to the health conscious. The doughnut has twenty kilocalories (83,736 J) fewer than the original glazed (180 vs. 200 kcal) and contains more fiber (2 grams vs. 0.5 grams). As of January 2008, Krispy Kreme doughnuts are free of trans fats and are labeled as "0 grams of trans fat". [[Media:Italic text]]{| style=float:right; |- | |- | |} is the 50th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Etymology: French calorie, from Latin calor (heat), from calere (to be warm). ... The joule (IPA: or ) (symbol: J) is the SI unit of energy. ...

Growth

Krispy Kreme began another phase of rapid expansion in the 1990s, opening stores outside the southeastern United States where most of their stores were located. Then, in December 2001, Krispy Kreme opened its first store outside the U.S. in Mississauga, Ontario, Canada, just outside Toronto. Since 2004, Krispy Kreme has rapidly expanded its international operations. Download high resolution version (2304x1728, 1618 KB)Krispy Kreme doughnuts being made at the Krispy Kreme restaurant at Kingsford Smith Airport, Sydney, Australia. ... Download high resolution version (2304x1728, 1618 KB)Krispy Kreme doughnuts being made at the Krispy Kreme restaurant at Kingsford Smith Airport, Sydney, Australia. ... This article is about the metropolitan area in Australia. ... For the First Nation, see Mississaugas. ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Capital Toronto Largest city Toronto Official languages English (de facto) Government Lieutenant-Governor David C. Onley Premier Dalton McGuinty (Liberal) Federal representation in Canadian Parliament House seats 107 Senate seats 24 Confederation July 1, 1867 (1st) Area...

On April 5, 2000, the corporation went public on the NASDAQ using the ticker symbol KREM. On May 17, 2001, Krispy Kreme switched to the New York Stock Exchange, with the ticker symbol KKD, which is its current symbol. is the 95th day of the year (96th in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... IPO redirects here. ... NASDAQ in Times Square, New York City. ... A stock symbol or ticker symbol is a mnemonic used to uniquely identify publicly-traded shares of a corporation on a particular stock market. ... is the 137th day of the year (138th in leap years) in the Gregorian calendar. ... Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...

On January 18, 2005, Krispy Kreme announced Stephen Cooper, chairman of financial consulting group Kroll Zolfo Cooper LLC, as interim CEO. Cooper replaces Scott Livengood, who the company said has retired as chairman, president, CEO and a director. The company also named Steven Panagos, a managing director of Kroll Zolfo, as president and COO.^{[citation needed]} is the 18th day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Stephen Cooper (born June 19, 1979 in Wareham, Massachusetts) is an American football player who currently plays linebacker for the San Diego Chargers. ... â€œChief executiveâ€ redirects here. ... Former CEO of Krispy Kreme Corporation, which makes world-famous doughnuts. ... A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ...

Although based on informal advertising such as word-of-mouth, in 2006, Krispy Kreme moved into television and radio advertisements, beginning with its "Share the Love" campaign with heart-shaped doughnuts. ^[4]

Problems

Image File history File linksMetadata Size of this preview: 667 Ã— 599 pixelsFull resolution (2564 Ã— 2304 pixel, file size: 2. ... Image File history File linksMetadata Size of this preview: 667 Ã— 599 pixelsFull resolution (2564 Ã— 2304 pixel, file size: 2. ... A garrison cap (also campaign cap, cunt cap, flight cap, overseas cap) is a cap with straight sides and a creased or hollow crown sloping to the back where it is parted. ...

Arizona and New Mexico

On August 11, 2006, all 11 Krispy Kreme stores in Arizona and New Mexico were closed without warning when the Rigel Corporation, the franchisee responsible for all Krispy Kreme stores in these states, filed for bankruptcy. There was no statement from Rigel's corporate offices regarding the closures and no word was given regarding a possible reopening of the stores. The closing was further controversial because store owners did not provide any warning of the closing to their employees, except to an undisclosed number who were notified the day before. Most claim not to have known about the impeding closures until they came to work and found the location closed. (This was typical of Rigel's practices elsewhere.) The total number of employees affected is not known, but a local report indicated 55 employees were without work just in Tucson, Arizona.

California

On August 22, 2007 Great Circle Family Foods and some of its wholly owned subsidiaries filed for Chapter 11 Bankruptcy.^[5] is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Chapter 11 of the Bankruptcy Code governs the process of reorganization under the bankruptcy laws of the United States. ...

Canada

The 18 stores which opened in Canada, out of 32 planned, have since been reduced to 6 stores. Four of those exist in Quebec, and only one remains in the entire province of Ontario. Krispy Kreme's Canadian assets were put up for sale in 2005 seven weeks after the U.S.-based doughnut company had the firm that owns and operates stores in Canada placed under bankruptcy protection.^[6]

International operations

Besides the stores that Krispy Kreme operate in the United States and Canada, there are also franchise owned stores in the United Kingdom, Australia, Kuwait, Mexico, South Korea, Hong Kong, Indonesia, The Philippines, Japan, the United Arab Emirates, Qatar and Saudi Arabia. The first Krispy Kreme store to open outside North America was in Sydney, Australia^[7]. For other places with the same name, see Portsmouth (disambiguation). ... For other uses, see England (disambiguation). ... Image File history File links Metadata Size of this preview: 800 Ã— 600 pixelsFull resolution (2048 Ã— 1536 pixel, file size: 511 KB, MIME type: image/jpeg) This is a picture of the Krispy Kreme store on the B2 level of Times Square, Hong Kong. ... Image File history File links Metadata Size of this preview: 800 Ã— 600 pixelsFull resolution (2048 Ã— 1536 pixel, file size: 511 KB, MIME type: image/jpeg) This is a picture of the Krispy Kreme store on the B2 level of Times Square, Hong Kong. ... Times Square (Traditional Chinese: ) is a major shopping centre and office tower complex in Causeway Bay, Hong Kong Island, Hong Kong. ... This article is about the country in Southeast Asia. ... This article is about the metropolitan area in Australia. ...

Kool Kreme

Seattle based franchissee KremeWorks LLC, opened the first Kool Kreme inside the Tacoma Mall Krispy Kreme on October 25, 2007. Kool Kreme is the new cousin to the Krispy Kreme brand. Kool Kreme includes fresh fruit toppings to add to sundaes and shakes; they also offer cones with three different choices of soft serve. Very Vanilla, Deep Chocolate, Very Deep Swirl.^[8] is the 298th day of the year (299th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

References

This article or section should be merged with Yahoo! Yahoo! Finance provides stock exchange and other financial information. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 350th day of the year (351st in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 350th day of the year (351st in leap years) in the Gregorian calendar. ... This article or section should be merged with Yahoo! Yahoo! Finance provides stock exchange and other financial information. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 350th day of the year (351st in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 350th day of the year (351st in leap years) in the Gregorian calendar. ... For other uses, see MSN (disambiguation). ... is the 66th day of the year (67th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

Other references

External links

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