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Krispy Kreme says Citymax to invest $13.5 mn to set up stores

he doughnut and coffee retailer, will open its first store in Bangalore in 2012

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U.S. retailer Doughnuts Inc said Citymax, its partner for southern and western Indian markets, will invest Rs 750 million s to set up 80 stores over five years.

The doughnut and coffee retailer, will open its first store in in 2012, James Rogers, vice-president, international marketing, Krispy Kreme told reporters on Wednesday.

Krispy Kreme did not give details of its expansion plans with its other Indian franchisee partner Bedrock Food.

 

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Highlights: Bernanke's address at Jackson Hole

Below are highlights of an address by Federal Reserve Chairman Ben Bernanke to a conference in Jackson Hole, Wyoming, sponsored by the Federal ...

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