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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

Reuters  |  Bangalore 

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, marketing, told reporters on Wednesday.

did not give details of its expansion plans with its other Indian franchisee partner

 

First Published: Wed, August 22 2012. 16:34 IST
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