Krispy Kreme inks deal for units in China

WINSTON-SALEM N.C. In a continued push to grow its international business, Krispy Kreme Doughnuts Inc. said it has signed a development agreement for 35 units in China.

The agreement with KKD Lotte Holdings Company Ltd. calls for the restaurants to be built over the next four to five years in the metropolitan areas of Beijing, Tianjin and Shanghai. KKD Lotte is based in South Korea and already holds development rights for Krispy Kreme in that country and in Ja

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