Business history of Krispy Kreme

Joe LeBeau, a French chef in New Orleans is credited with developing the yeast-raised doughnut sometime before the Great Depression.

He sold the business in 1935 to Vernon Rudolph who took the business to Winston-Salem, North Carolina. On July 13, 1937, Vernon Rudolph launched a doughnut shop which became known as Krispy Kreme in a rented store on Gallatin Road.

Krispy Kreme also sells doughnuts through grocery stores. And to customers through a window in is small factory. During the 1940s, Rudolph opened other outlets for his doughnuts particularly in the southeast.

The chain became a beloved Southern fixture, selling glazed yeast-raised donuts. During the 1980sm the chain added a neon sign advertising ‘Hot Krispy Kreme Original Glazed Now’ and featured the doughnut machine in the center of the some store.

In 1976, Krispy Kreme Doughnut Corporation became a wholly owned subsidiary of Beatrice Foods of Chicago, Illinois.

For a short time in the 1970s, the Beatrice Foods Company operated Krispy Kreme without success. Krispy Kreme was purchased from Beatrice in 1980s by one of the Krispy Kreme’s largest franchisees.

Krispy Kreme began to expand abroad, ripening it first international outlet in Canada in 2001; subsequently outlets have opened in seventeen other countries, including Australia and Japan.
Business history of Krispy Kreme

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