Skip to content

Krispy Kreme announces $65m refranchising agreement in Japan

Proceeds from the move will go towards reducing debt as the US operator ramps up efforts to refocus corporate resources on improving sales and profitability in its home market

Photo credit: Krispy Kreme

Proceeds from the move will go towards reducing debt as the US operator ramps up efforts to refocus corporate resources on improving sales and profitability in its home market

Krispy Kreme has reached an agreement to sell its operations in Japan as part of a wider strategy to pay off debt, onboard local master franchise partners, and redirect resources to its US business.

Unlock your 14-day free trial now to continue reading

Subscribe

Already have an account? Sign In

Latest