The US donut and coffee chain continues its international expansion with Jamaican franchisee Restaurant Associates Limited (RAL), which is also planning to open Krispy Kreme stores in Switzerland, Costa Rica and Chile
Krispy Kreme now operates 1,810 branded outlets internationally | Photo credit: Start Digital
Krispy Kreme will make its debut in Jamaica in the first quarter of 2023 following an agreement with new Caribbean franchisee Restaurant Associates Limited (RAL).
The US donut and coffee chain will open a store in Kingston, with RAL planning to launch two further Krispy Kreme locations in the Jamaican capital next year.
The Hot Light Theater shop will feature in-store windows showcasing the Krispy Kreme donut production line.
“Adding Krispy Kreme to our portfolio of international brands is a great fit as we will now be able to provide our loyal guests with the perfect sweet treat experience," said Lisa Lake, CEO, RAL Group.
Kingston-based RAL operates over 90 franchised stores of Burger King, Popeyes and Little Caesars Pizza across Jamaica, Trinidad and Barbados.
Alongside Jamaica, Krispy Kreme has signed franchise agreements to open in Switzerland, Costa Rica and Chile as well as a joint venture in France with Columbus Café & Co.
In October 2022, the company opened its first store in Jordan, increasing its presence in the Middle East following its steady expansion across Egypt.
Krispy Kreme now operates 1,810 branded outlets internationally.
In November 2022, Krispy Kreme posted 10% net revenue growth for its third quarter, with sales reaching $377.5m.