It’s been over 10 years since Krispy Kreme filed for bankruptcy in Canada. But for many of us, the cravings for those beautiful, decadent donuts remained.
That’s why we’re thrilled to announce that Krispy Kreme is planning to re-expand nation wide. Roughly 50 stores are slated to open in the next 5 years in Ontario and Quebec initially, before more locations appear in other parts of the country. All of the donuts you know and love will be available, from Original Glazed to the Caramel Kreme Krunch. While the company was short on specific details, a spokesperson told TheLoop.ca that the cafes will also come equipped with an “expanded menu.”
Krispy Kreme’s initial attempt to enter the Canadian market ultimately failed; however, the cafe chain believes it now has a recipe for success. The company’s overall decline was blamed on its decision to exclusively open “factory stores,” which were large, ate up lots of real estate costs and were difficult to integrate into urban centres. This time around, the plan is to open a combination of smaller cafe concepts in more expensive areas and factory stores where real estate prices are a little lower.
The best part is: you can still get your donuts warm.
For the record, not all Krispy Kreme locations closed when the Canadian franchisee filed for bankruptcy. If you want to eat one of those work-of-art donuts right now, there are currently six locations in Canada. Although most of us will still have to wait for the expansion before getting them becomes convenient.
Heck, we’ve already waited 10 years anyway.
WATCH: After reading this, you might want a donut almost as much as this kid.