Olivier Goudet, CEO of JAB Holding – the European investment firm that owns the mega bakery-café chains – is bowing out after nearly 12 years of spearheading major deals in the F&B, coffee and pet care sectors.
The North Carolina bakery is banking on social media to grow its national appeal, teaming up with TikTok star and rising country musician Cooper Alan and other influential micro-creators.
The Reimann family – which controls the Luxembourg-based conglomerate JAB Holdings that owns Panera Bread, Krispy Kreme Doughnuts and Pret a Manger – has pledged €10m ($11m) to an undisclosed charity after the extent of its ancestors’ ties were brought...
JAB Holding Co. – owner of Panera, Au Bon Pain and Krispy Kreme Doughnuts, as well as coffee brands Douwe Egberts, Peet’s and Stumptown, among others – is acquiring UK business Pret A Manger.
Panera Bread has announced founder Ron Shaich is stepping down as CEO and the company is acquiring sandwich rival Au Bon Pain, which Shaich helped build in the 1990s.
US bakery-café chain Panera Bread Company has entered into a definitive merger agreement with Luxembourg investment fund JAB Holding, squashing speculation that Starbucks would succeed in attaining the acquisition.
A US consumer has filed a class action lawsuit against Krispy Kreme Doughnuts Inc., alleging the company’s blueberry, maple and raspberry products do not contain the fruity ingredients.
US-based doughnut giant Krispy Kreme is opening its first UK manufacturing unit, as it bids to double its number of stores in the country within the next five years.
The Krispy Kreme doughnut company has pulled itself back from the
abyss by successfully negotiating a new loan deal, yet financial
pressure on the firm remains intense with analysts sceptical about
its future expansion strategy, reports...
The knives are out for the cash-strapped Krispy Kreme doughnut
company as a class action lawsuit looms, threatening to destroy the
firm's attempts to overhaul losses caused by a lack of innovation
and over-expansion, reports...
The cash-stricken Krispy Kreme doughnut company is to shed a
quarter of its workforce in an attempt to overhaul losses as
over-expansion and a lack of new products to appease
health-conscious consumers threaten to send the firm under,...
Alarm bells are ringing at the Krispy Kreme doughnut company after
it announced a further $3 million loss in its third quarter amid
fears that the company may have been permanently damaged by
consumer health trends and over-expansion,...
US bakery firm Krispy Kreme appears keen to become part of the
British establishment. The firm's first UK store was opened today
at Harrods, the Knightsbridge department store famous for its
opulence and glamour.
A combination of poor weather conditions and a one-off charge
relating to an arbitration case involving one of its franchises did
little to dampen the financial performance at doughnut manufacturer
Krispy Kreme in fiscal 2003.
Krispy Kreme, the US doughnut manufacturer and retailer is heading
to Europe with 25 stores planned in the UK over the next five
years. Spain is also on its hit list, but cracking the rest of
Europe may prove a tough task.
