1508 ET - Krispy Kreme is bringing its doughnuts to Brazilians by forming a franchise partnership with AmPam, the country's largest convenience store chain. The move fits with the company's strategy of asset-light expansion through corporate team-ups. It is in the process of rolling out to McDonald's locations around the U.S. and has been expanding partnerships with Walmart, Target and Kroger. Krispy Kreme's latest partner, AmPam, has a network of about 1,500 retail locations across Brazil. The doughnut maker and AmPam have formed a minority joint venture to open Brazil's first Krispy Kreme in the busy Avenida Juscelino Kubitschek neighborhood in São Paulo in late April. (dean.seal@wsj.com)
(END) Dow Jones Newswires
March 24, 2025 15:08 ET (19:08 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。