Daily Newsletter

04 October 2023

Daily Newsletter

04 October 2023

Krispy Kreme to open new store in Atlanta, US

The new Ponce de Leon store will have a workforce of more than 70 people.

Umesh Ellichipuram October 03 2023

Krispy Kreme and former American professional basketball player Shaquille O’Neal are set to open a new outlet on the site of the brand’s historic Ponce de Leon location in Atlanta, the US.

Covering an area of 4,000ft², the new store will be opened on 10 October 2023.

The original store on the site was destroyed by an arson in 2021.

Krispy Kreme Global chief brand officer Dave Skena said: “We made a promise to the Ponce community and all of Atlanta and we’re delivering on it.

“Everyone has been so supportive during our bounce-back process and we’re thrilled to turn on the Hot Light. Our longstanding presence in Ponce is core to the community.

“Beginning 10 October, delicious, fresh Krispy Kreme doughnuts and all the happiness that comes with enjoying and sharing them will be back.”

The new outlet will have a workforce of more than 70 people.

 The outlet will serve the brand’s classic menu, including hot Original Glazed doughnuts fresh off the line and limited-edition offerings.

The doughnut and coffeehouse chain noted that guests can order doughnuts in-shop, via the drive-through, or ordering doughnuts through the Krispy Kreme app for pick-up or delivery.

Last month, Krispy Kreme appointed Josh Charlesworth as its new president and CEO.

Charlesworth was promoted and will assume the new role on 1 January 2024, succeeding Michael Tattersfield, who has held the role since 2017.

Full-service restaurant (FSR) was the largest profit sector channel in Germany in 2022

The Germany foodservice profit sector generated revenue of EUR84.8 billion ($89.3 billion) in 2022, and is expected to grow at a CAGR of more than 11% during 2022-2027. FSR was the largest foodservice profit sector channel in 2022, reflecting the popularity of traditional fine-dining experiences among German consumers. Despite the highly fragmented market, pub, club & bar channel is set to record the highest growth during 2022–27, triggered by an increase in transactions and average transaction value.

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