First Krispy Kreme Doughnuts example essay topic

Krispy Kreme History 1933 Vernon Carver Rudolph, the founder of Krispy Kreme, bought a doughnut shop in Paducah, Kentucky, from a French chef from New Orleans. He received the company fs assets, goodwill, and the rights to a secret yeast-raised doughnut recipe. Mid 1930's It was nft long before Rudolph and his partner decided to look for a larger market. They moved their operations to Nashville, Tennessee, where other members of the Rudolph family joined the business and opened shops in Charleston, West Virginia; and Atlanta, Georgia. At this time, the business focused on selling doughnuts to local grocery stores. July 13, 1937 During the early summer of 1937, Rudolph decided to leave Nashville to open his own doughnut shop.

He and two other young men set off in a 1936 Pontiac and arrived in Winston-Salem with $25 in cash, a few pieces of doughnut-making equipment, the secret recipe, and the name Krispy Kreme Doughnuts. They used their last $25 to rent a building across from Salem Academy and College in what is now called historic Old Salem. With little money left to buy ingredients, Rudolph convinced a nearby grocer to lend him ingredients in return for payment once the first doughnuts were sold. Next, Rudolph needed a way to deliver the doughnuts. So he took the back seat out of the Pontiac and installed a delivery rack. On July 13, 1937, the first Krispy Kreme doughnuts were made and sold at the new Winston-Salem shop.

Soon afterward, people began stopping by to ask if they could buy hot doughnuts. The demand was so great that Rudolph opened the shop for retail business by cutting a hole in the wall and selling doughnuts directly to customers, marking the beginning of Krispy Kremefs retail service. 1950's Steps were taken throughout the 50's to mechanize the doughnut-making process. Hand-cut doughnuts became a thing of the past with the new Krispy Kreme automatic doughnut cutter. Proofing, frying, glazing, and screen loading had become entirely automatic. This was the first version of Krispy Kremefs continuous yeast doughnut-making equipment and is the foundation of the doughnut-making process used by Krispy Kreme stores today.

1962 The automatic doughnut cutter, which had revolutionized production, was replaced by a new innovation. Instead of doughnuts being cut, they were extruded by air pressure from the dough hopper to the trays of the continuous proof box. This process is still used in Krispy Kreme stores today. August 16, 1973 Vernon Carver Rudolph died. May 28, 1976 Krispy Kreme Doughnut Corporation became a wholly-owned subsidiary of Beatrice Foods Company of Chicago, Illinois. The headquarters for Krispy Kreme remained in Winston-Salem, North Carolina.

February 28, 1982 A group of Krispy Kreme franchisees, led by Joseph A. McA leer Sr., purchased Krispy Kreme Doughnut Corporation from Beatrice Foods Company. Krispy Kreme became an independent company once again. 2 May 9, 1995 The first store outside of the Southeast opened at 5060 West 38th Street in Indianapolis, Indiana. June 26, 1996 The first Krispy Kreme store in New York City opened at 265 West 23rd Street. July 17, 1997 Krispy Kremefs place in American society was recognized by the contribution of Krispy Kreme artifacts to the Smithsonian Institutions National Museum of American History in Washington, D.C. January 26, 1999 The first West Coast store opened in the Los Angeles, California area at 1801 West Imperial Highway in La Habra, California. April 5, 2000 Krispy Kreme Doughnut Corporation held an initial public offering of common stock on the NASDAQ under the stock symbol KREME.

February 21, 2001 Krispy Kreme acquired Digital Java, Inc. a small Chicago-based coffee company. With this acquisition Krispy Kreme improved and broadened the beverage offering available to customers. May 17, 2001 Krispy Kremefs common stock transferred to the New York Stock Exchange (NYSE) under the new ticker symbol KID. December 11, 2001 Krispy Kreme opened its first store outside the United States, in Mississauga, Ontario, Canada, which is just outside Toronto. October 2002 Krispy Kreme introduced four new signature coffees to its stores -- including Smooth, Rich, Bold and Robust Decaf -- all made from high-quality coffee beans and roasted by Krispy Kremefs own Roast master to exact specifications. June 19, 2003 Krispy Kreme opened its first store outside of North America in Penrith, Australia, a suburb of Sydney.

Today, Krispy Kreme produces approximately 7.5 million doughnuts a day and more than 2.7 billion doughnuts a year. Krispy Kreme has grown to serve customers through more than 310 U.S. stores in 41 states and Canada and Australia, including: oe Alabama oe Indiana oe Mississippi oe Ohio oe Utah oe Arizona oe Iowa oe Missouri oe Oklahoma oe Virginia oe California oe Kansas oe Nebraska oe Oregon oe Washington oe Colorado oe Kentucky oe Nevada oe Pennsylvania oe West Virginia oe Connecticut oe Louisiana oe New Jersey oe Rhode Island oe Wisconsin oe Delaware oe Maryland oe New Mexico oe South Carolina oe Ontario, Canada oe Florida oe Massachusetts oe New York oe South Dakota oe Quebec, Canada oe Georgia oe Michigan oe North Carolina oe Tennessee oe Penrith, Australia oe Illinois oe Minnesota oe North Dakota oe Texas Krispy Kreme doughnuts and snacks also are sold at thousands of supermarkets, convenience stores, and other retail outlets across the United States.