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Krispy Kreme Doughnuts
Krispy Kreme, Inc. (previously Krispy Kreme Doughnuts, Inc.) is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company returned to private ownership under JAB Holding Company, a private Luxembourg-based firm. In July 2021, Krispy Kreme became publicly traded again on the Nasdaq. History Early years In 1933, eighteen-year-old Vernon Rudolph, along with his brother Lewis Rudolph, began working for his uncle, Ishmael Armstrong, who owned a small general store in Paducah, Kentucky, that sold a wide variety of goods, including its very popular doughnuts. While the exa ...
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Cannington, Western Australia
Cannington is a southern List of Perth suburbs, suburb of Perth, Western Australia. Its Local government areas of Western Australia, local government area is the City of Canning. History Cannington's name derives from the Canning River (Western Australia), Canning River, which forms part of the southwestern boundary of the suburb. It was first subdivided in 1882, and a railway station was constructed in the 1890s opposite Station Street in what is now East Cannington, Western Australia, East Cannington.Carden, F.G. Along the Canning: A History of the City of Canning, City of Canning, 1st Edition 1968, 2nd edition, 1991, Waverley For many years the areas of Cannington, East Cannington and Beckenham were known locally as "Waverley" and many buildings and businesses used the name Waverley to designate their locality, such as the Waverley Hotel and the Waverley Drive In Cinema. The origin of the alternative use of Waverley is designated to the Cecil Gibbs who first used it in naming ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ...
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Beatrice Foods
Beatrice Foods Company was a major American food processing company founded in 1894. In 1987, its international food operations were sold to Reginald Lewis, a corporate attorney, creating TLC Beatrice International, after which the majority of its domestic (U.S.) brands and assets were acquired by KKR, with the bulk of its holdings sold off. By 1990, the remaining operations were ultimately acquired by ConAgra Foods. History Early years 1894-1912 The Beatrice Creamery Company was founded in 1894 by George Everett Haskell and William W. Bosworth, by leasing the factory of a bankrupt firm of the same name located in Beatrice, Nebraska. At the time, they purchased butter, milk, and eggs from local farmers and graded them for resale. They promptly began separating the butter themselves at their plant, making their own butter on site and packaging and distributing it under their own label. They devised special protective packages and distributed them to grocery stores and restau ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Southeastern United States
The Southeastern United States, also referred to as the American Southeast or simply the Southeast, is a geographical region of the United States. It is located broadly on the eastern portion of the southern United States and the southern portion of the eastern United States. It comprises at least a core of states on the lower East Coast of the United States and eastern Gulf Coast. Expansively, it reaches as far north as West Virginia and Maryland (bordered to north by the Ohio River and Mason–Dixon line), and stretching as far west as Arkansas and Louisiana. There is no official U.S. government definition of the region, though various agencies and departments use different definitions. Geography The U.S. Geological Survey considers the Southeast region to be the states of Alabama, Florida, Georgia, Arkansas, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee, plus Puerto Rico and the United States Virgin Islands. There is no official Census Bu ...
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Savannah, Georgia
Savannah ( ) is the oldest city in the U.S. state of Georgia (U.S. state), Georgia and is the county seat of Chatham County, Georgia, Chatham County. Established in 1733 on the Savannah River, the city of Savannah became the Kingdom of Great Britain, British British America, colonial capital of the Province of Georgia and later the first state capital of Georgia. A strategic port city in the American Revolution and during the American Civil War, Savannah is today an industrial center and an important Atlantic seaport. It is Georgia's Georgia (U.S. state)#Major cities, fifth-largest city, with a 2020 United States Census, 2020 U.S. Census population of 147,780. The Savannah metropolitan area, Georgia's List of metropolitan areas in Georgia (U.S. state), third-largest, had a 2020 population of 404,798. Each year, Savannah attracts millions of visitors to its cobblestone streets, parks, and notable historic buildings. These buildings include the birthplace of Juliette Gordon Low (f ...
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Krispy Kreme Corporate Offices
Krispy may refer to: * "Krispy" (song), song from album ''Due Season'' by hip-hop artist Kia Shine *Krispy (cracker), a saltine or soda cracker See also * Krispy Kreme, an American doughnut company * Krispy Krunchy Chicken Krispy Krunchy Chicken, also known as KKC, is an international fried chicken food chain founded in 1989 in Lafayette, Louisiana, by Neal Onebane. It has over 2,600 locations across 47 states in the U.S., American Samoa, Malaysia and Mexico and i ...
, an American fried chicken company {{dab ...
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Krispy Kreme Corporate Headquarters
Krispy may refer to: * "Krispy" (song), song from album ''Due Season'' by hip-hop artist Kia Shine *Krispy (cracker), a saltine or soda cracker See also * Krispy Kreme, an American doughnut company * Krispy Krunchy Chicken Krispy Krunchy Chicken, also known as KKC, is an international fried chicken food chain founded in 1989 in Lafayette, Louisiana, by Neal Onebane. It has over 2,600 locations across 47 states in the U.S., American Samoa, Malaysia and Mexico and i ...
, an American fried chicken company {{dab ...
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Akron, Ohio
Akron () is the fifth-largest city in the U.S. state of Ohio and is the county seat of Summit County, Ohio, Summit County. It is located on the western edge of the Glaciated Allegheny Plateau, about south of downtown Cleveland. As of the 2020 Census, the city proper had a total population of 190,469, making it the 125th largest city in the United States. The Akron Metropolitan Statistical Area, Akron metropolitan area, covering Summit and Portage County, Ohio, Portage counties, had an estimated population of 703,505. The city was founded in 1825 by Simon Perkins and Paul Williams, along the Cuyahoga River, Little Cuyahoga River at the summit of the developing Ohio and Erie Canal. The name is derived from the Ancient Greek word ''ἄκρον : ákron'' signifying a summit or high point. It was briefly renamed South Akron after Eliakim Crosby founded nearby North Akron in 1833, until both merged into an incorporated village in 1836. In the 1910s, Akron doubled in population, makin ...
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