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Krispy Kreme to open 25 stores in Colombia
Winston-Salem, N.C. – Krispy Kreme Doughnut Corporation has signed its first development agreement in South America with Bogota-based IRCC Ltda., a subsidiary of the VA! Group. Under the agreement, IRCC expects to develop 25 stores in major cities throughout Colombia, including Bogota, Medellin and Barranquilla, during the next five years.
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Comps up for Bed Bath & Beyond’s second quarter
A recovering housing market spells good news for the home and housewares, as seen in Bed Bath & Beyond’s second quarter results for the period ended Aug. 31.
The company reported net earnings of $1.16 per diluted share, or $249.3 million, for the quarter, an increase of 18.4% versus net earnings of $0.98 per diluted share, or $224.3 million, in the same quarter a year ago.