Krispy Kreme Strikes 20-Unit Calif. Expansion Deal

Law360, New York (January 21, 2014, 2:40 PM EST) -- On the heels of several other restaurant chains proposing expansions into the Golden State, Krispy Kreme Doughnuts Inc. said Tuesday that it has inked a deal with a current franchisee to develop 20 new doughnut shops in Southern California.

The seven-year agreement with Great Circle Family Foods LLC will nearly triple the franchisee's Krispy Kreme portfolio in Southern California, the companies said. A franchisee since 1998, Great Circle currently operates 11 doughnut shops in the area and is already the company's third largest domestic franchisee. ...
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