date:Jul 26, 2013
Krispy Kreme, a US-based specialty retailer and wholesaler of doughnuts and sweet treats, has signed an agreement with existing franchisee Lotteria to develop 60 new Krispy Kreme franchise outlets in South Korea over the next five years.
The latest deal is part of the company's plan to expand in the Asia Pacific region.
Lotteria also plans to revamp more than half of its existing Krispy Kreme outlets throughout South Korea.
Krispy Kreme International president Jeff Welch said that the company