Krispy Kreme to Open a New Store in Cape Town
Krispy Kreme will open a new store in Cape Town before the end of 2019.
“Product innovation, premium coffee, and frozen beverages set our brand apart,” said Gary Thomas, MD. “We can’t wait to touch and enhance lives in Cape Town through the joy of Krispy Kreme.”
The new location was not revealed but it was mentioned that the store would be situated at a ‘flagship location’.
In 2015, Krispy Kreme announced that it has signed a development agreement with KK Doughnuts SA, to open 31 shops in South Africa until 2020 – marking the US-based company’s first venture into Africa.
The store currently has 16 locations across the country as well as a number of ‘mini-locations’ through partnerships with:
- Pick ‘n Pay,
- Total Bonjour &
- Engen Quickshops.
The franchise will likely face lesser competition in Cape Town after Grand Parade Investments announced it would be shutting its Dunkin Donuts stores in March.