Dunkin' Donuts looks to develop 150 restaurants in the UK

Dunkin' Donuts announced Thursday that it has signed agreements with two franchise groups to begin developing restaurants in the United Kingdom. The two agreements call for the development of 50 Dunkin' Donuts restaurants in Greater London over the next five years, with an initial focus on North London and East London. The chain is also in advanced discussions with additional franchise partners to help develop a total of 150 Dunkin' Donuts restaurants in the U.K. over the next five years, which includes the two signed agreements.

Twenty-five restaurants will open in East London under an agreement with The Court Group, chaired by U.K. businessman David Sheepshanks, CBE. Another 25 restaurants will open in North London under agreement with DDMG Ltd., a partnership formed by three experienced U.S. Dunkin' Donuts franchisees from the Baltimore/Philadelphia area and two local U.K. operators.

Founded in 1950, Dunkin' Donuts currently has more than 10,500 restaurants in 31 countries around the world, including more than 100 locations across Europe in Bulgaria, Germany, Russia and Spain.

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60 new Krispy Kreme locations planned in South Korea

Krispy Kreme Doughnut Corp. continues to expand in the Asia Pacific region with the announcement Tuesday that it has reached an agreement on a development plan with existing franchisee Lotteria Co., LTD for 60 new Krispy Kreme franchise locations in South Korea over the next five years. The franchisee also plans significant remodels at more than half of its existing 73 Krispy Kreme locations throughout the country.

In January, the North Carolina-based company opened its first franchise location in India, in the city of Bangalore. [Full story]

Krispy Kreme has over 785 locations in 22 countries, including Australia, Bahrain, Canada, China, Dominican Republic, India, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, the Philippines, Puerto Rico, the Republic of Korea (South Korea), Qatar, Saudi Arabia, Thailand, Turkey, the United Arab Emirates, the United Kingdom and the United States.

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