Krispy Kreme Doughnuts Announces Distribution Partnership to Bring Sweet Treats to Convenience Stores Nationally
WINSTON-SALEM, N.C. - May 13, 2016 - (BUSINESS WIRE) - Krispy Kreme Doughnuts Inc., (NYSE:KKD) today announced a partnership with TSW Foods, LLC, to bring Krispy Kreme® brand packaged sweet treats such as snack bags, honey buns and single serve pies to convenience stores across the United States.
“We are thrilled to offer a line of Krispy Kreme snack items, many of which are differentiated with our Original Glaze® flavor,” said Mark LaBrecque, VP Domestic Marketing, Licensing and Consumer Packaged Goods for Krispy Kreme Doughnuts. “TSW Foods will act as our master distributor to develop a national distribution network in the Convenience store class of trade with drug, club and dollar stores to follow.”
Wil Torres, Managing Principal of TSW Foods, said there is already enormous excitement surrounding this partnership across the industry.
“We are delighted to partner with Krispy Kreme Doughnuts,” said Torres. “When you combine Krispy Kreme’s brand equity and best in class products with TSW Foods’ ability to execute on a national scale, it is a recipe for success. There is a synergy between our two companies that we feel will result in a profitable, long-term partnership for both of us.”
The products will join Krispy Kreme Doughnuts’ other primarily yeast sweet treat products already available via frequent direct store delivery in more than 5,000 convenience stores nationwide.
TSW Foods will be at booth 6804 at the Sweets and Snacks Expo in Chicago between May 24-26.
About Krispy Kreme Doughnuts, Inc.
Krispy Kreme Doughnuts, Inc., is a global retailer of premium-quality sweet treats, including its signature Original Glazed® doughnut. Headquartered in Winston-Salem, N.C., the Company has offered the highest-quality doughnuts and great-tasting coffee since it was founded in 1937. Krispy Kreme Doughnuts is proud of its Fundraising program, which for decades has helped non-profit organizations raise millions of dollars in needed funds. The Company has more than 1,000 retail shops in 26 countries. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one its many social media channels, including www.Facebook.com/KrispyKreme, andwww.Twitter.com/KrispyKreme.
About TSW Foods, LLC
TSW Foods streamlines the business processes for consumer product goods companies entering or expanding into the major classes of trade – convenience, drug, dollar, club, and specialty markets. TSW maximizes a brand’s exposure leading to equity growth and value for the manufacturer with increased sales and profitability for the retailer. Connect with TSW Foods at www.TSWFoods.com.
SOURCE Krispy Kreme Doughnuts Inc.
Krispy Kreme Doughnuts Inc.
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