Krispy Kreme Doughnuts Opens First Thai Store in Bangkok

Published : September 30, 2010 :: 12:09:34 [ 10,297 views ]

Krispy Kreme Doughnut Inc has announced the opening of its first franchised-owned store in Thailand, with predictions of further expansion in the nation, reaching 20 stores by 2015. The flagship store is located at the upmarket Siam Paragon Shopping Center in the heart of Bangkok's business district.

Bangkok, the 28th of September 2010: The North Carolina-based Company’s subsidiary Krispy Kreme Doughnut Corporation, through franchisee KDN Company Limited, has opened the store. Majority owned/controlled by Ms. Ausanee Mahagitsiri, who with her family own and operate one of Thailand’s largest conglomerates, PM Group.

PM Group own/control interests in various stainless steel, shipping, fast-food and packaged goods companies, while the Mahagitsiri family holds a near 50% stake in Nescafe (Thailand), owns a golf course and has close affiliations with the now defunct Thai Rak Thai political party to which former Prime Minister Thaksin Shinawatra was leader.

The first Krispy Kreme store opening in Bangkok at the Siam Paragon Shopping Center signifies the company’s ambitions on international expansion, which have been significantly stepped-up from its traditional Northern America base since 2004. Krispy Kreme now have stores in the United States, Canada, United Kingdom, Australia, Dominican Republic, Kuwait, Mexico, Puerto Rico, South Korea, Hong Kong (closed 2008), Indonesia, the Philippines, Japan, United Arab Emirates, Qatar, Saudi Arabia, Lebanon, Ethiopia, Bahrain and now Thailand.

Located in the heart of Bangkok’s business district, Krispy Kreme’s first store in Thailand is signified as the first step in a rapid expansion plan in the Kingdom, which will see the opening of more than 20 stores by 2015.

The first store in the nation with the Krispy-Kreme name opened in Charlotte Pike, Nashville, Tennessee in 1933. The company has since expanded to hundreds of store across the globe, employing over 3,000 staff and generating revenues in excess of US$400 million.

Comments

Blade

said :

Whoa, Nelly - deja vu all over again!

Email : blade@hotmail.com Date : 2010-10-14 23:22:12

mmaaarrrkkk

said :

Richard -

The flagship store is located at the upmarket Siam Paragon Shopping Center in the heart of Bangkok's business district.

Email : pattayarich@gmail.com Date : 2010-10-01 12:06:40

Blade

said :

KLM Captain: some of us are survivors from death camps: America for one!

Email : blade@hotmail.com Date : 2010-10-01 10:05:28

DR. K

said :

I'm a fan of doughnuts. Do'nt imagine too many Thais will pay 20 baht each though (per Dunkin donuts).

Thailand is its own enemy when it comes to foreign investment and work permits for Westerners. What amazes me is how Indians can perform all the work in thier own establisments with no penalties?

Gurditt Singh....what say you?

Email : imat@hotmail.com Date : 2010-10-01 09:45:11

bill

said :

they have dunkin donuts and all these other places and i don't see to many fat thai people having a couple of donuts every once in awhile is not going to hurt you

Email : bill99@yahoo.com Date : 2010-10-01 08:35:32

KLM Captain

said :

This is a capital idea! I, for one, am tired of seeing all the skinny, malnurished farangs with their shaved heads and tattoos wandering around in a dazed state with a blank look in their eyes. Reminds me of death camp survivors.

Email : cat.fritz@klm.c0m.de Date : 2010-10-01 07:06:50

Blade

said :

Singh, I agree. It's a very good idea for you to stay away from all that sugar.....

Email : blade@hotmail.com Date : 2010-09-30 19:50:26

Richard

said :

Am I missing something? This article tells us everything but one rather crucial fact: where the hell is the store?

Email : pattayarich@gmail.com Date : 2010-09-30 18:09:25

Ron

said :

Good, love the old krispy donuts, i live about 5 minutes from the joint.

P.S. Judy you are a cretin, PDN state that the Hong Kong store has closed, even giving the date. What a douche that you are

Email : krispy_bkk@gmail.com Date : 2010-09-30 15:58:30

paul

said :

so all future thai children will be fat with no teeth.and diabettic

Email : ankananutsap@yahoo.ie Date : 2010-09-30 15:06:52

Blade

said :

Does the little girl have a look of fear because the woman has two thumbs? What kind of monster is this? Such big hands...

Email : blade@hotmail.com Date : 2010-09-30 13:37:41

harry harmony

said :

I just developed diabetes reading this.

Email : harry@hatred.com Date : 2010-09-30 13:22:32

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