ater, they opened their first international store in Canada and experienced rapid growth through 2004 (2011 Annual Report, p.6). However, for the next five years, their success slowed as they could not sustain their rapid growth and were forced to close 240 domestic stores at a cost of $300 million. However, international growth boomed as 396 new stores were opened around the world. In 2011, domestic markets began to look up for the first time since 2005 (2011 Annual Report, p.6).
Krispy Kreme is divided by its domestic and international markets and subdivided by its on-premise and off-premise sales. There are currently 229 domestic stores and 317 internatio
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