Krispy Kreme reopens in Philly after 5-year absence

11/14/2010 | Philadelphia Inquirer, The

Krispy Kreme opened its first Philadelphia doughnut shop since exiting the market in 2005 amid financial turmoil at the North Carolina-based chain. CEO Jim Morgan said the company learned from its mistakes the first time around, replacing giant factory stores with a hub-and-spoke system that results in smaller stores but more of them.

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Philadelphia Inquirer, The

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