Krispy Kreme Planning 20 Thai Stores

The Nation:

In Thailand, local franchisee KDN wants to open 20 Krispy Kreme stores in the next five years.

Welch said the company currently had 210 Krispy Kreme stores in the US, of which the company owns 80-90. The rest are franchised.

The company also has about 430 international stores in 21 countries outside the US, all of which are franchised.

“We would like to double the number of international stores to close to 1,000 outlets in five years. We also plan for significant growth in the US,” said Welch.

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