Krispy Kreme plans to double the number of stores in the UK
Krispy Kreme, the US doughnut chain, has announced plans to double the number of UK stores during the next five years, creating over 750 jobs in the process.
The company first came to the UK in 2003 starting out with a concession in the Harrods department store. It has since opened 47 stores nationwide and plans to grow this number to 100 by 2016. The next store will open in Leeds in July.
Krispy Kreme also sells in 50 Tesco stores and has recently announced that it will open cabinets in ten WH Smith Stores.
The announcement regarding the expansion plans comes as Krispy Kreme UK reported a 1.4% increase in like-for-like sales year-on-year. Total sales for the year to 31 January were £33.4 compared to £29.7 million pounds in the previous year. Revenue grew by 12.6%.
