March 27th 2024.
McDonald's has exciting news for its customers - they will soon be able to enjoy delicious Krispy Kreme doughnuts alongside their favorite McCafé drinks, Big Macs, and fries. The fast food giant has announced that by the end of 2026, all of its restaurants across the United States will offer these famous doughnuts. This partnership between McDonald's and Krispy Kreme is sure to bring a new level of satisfaction to customers.
Three flavors of doughnuts will be available at McDonald's - the classic Original Glazed, Chocolate Iced Glazed with Sprinkles, and Chocolate Iced Kreme-Filled. Customers can purchase them individually or in a convenient six-pack. Krispy Kreme is thrilled about this collaboration and sees it as an opportunity for growth, especially during breakfast hours. A spokesperson for McDonald's shared that this partnership will open up new possibilities for their restaurants and enhance the overall experience for customers.
The news of this partnership has already caused a stir, with Krispy Kreme's stock price soaring after the announcement. It's no surprise, as there are significantly fewer Krispy Kreme locations compared to the vast number of McDonald's restaurants nationwide. To ensure that their doughnuts reach all McDonald's locations efficiently, Krispy Kreme plans to use their proven "hub and spoke" method, which they currently use to supply their products to over 6,800 third-party stores. This method has been successful in the past, as grocery stores such as Walmart have been selling Krispy Kreme doughnuts for years.
Krispy Kreme's President and CEO, Josh Charlesworth, is excited about this partnership and the opportunity to reach more fans across the country. He stated that by the end of 2026, their points of access will more than double. Currently, the doughnuts are being sold in a couple of states, including Kentucky and Indiana, where they were tested in 160 McDonald's locations. The rollout to the rest of the states will begin this year.
McDonald's will offer three flavors of Krispy Kreme doughnuts - Original Glazed, Chocolate Iced Glazed with Sprinkles, and Chocolate Iced Kreme-Filled. This partnership has already proven to be beneficial for Krispy Kreme, with a 39% increase in their stock price. However, McDonald's seems unaffected, with their focus remaining on their expansion plans and offering affordable prices. While this partnership is expected to bring success to both companies, experts have raised concerns about its impact on existing points of access near McDonald's locations. Nonetheless, both McDonald's and Krispy Kreme are excited to offer customers a new and delicious addition to their menus.
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