Krispy Kreme’s stock soared over 13% after announcing expansion talks with Walmart, Target, and McDonald’s. The doughnut chain aims to significantly increase its market reach by potentially adding more retail locations nationwide.
Krispy Kreme Eyes Nationwide Expansion with Walmart, Target, and McDonald’s Amid 13% Stock Surge
Krispy Kreme announced its plans to potentially expand its presence in Walmart stores nationwide as part of its broader growth strategy, which already includes partnerships with Target and McDonald’s.
On August 8, Krispy Kreme's market capitalization experienced a significant surge, with its stock skyrocketing over 13%. This remarkable growth was fueled by robust financial results and the company's relentless expansion efforts.
Krispy Kreme's ambitious expansion plans include a potential nationwide presence in Walmart stores. The company's doughnuts are available in 25% of Walmart's locations. CEO Josh Charlesworth's ongoing discussions with Walmart aim to extend this partnership nationally, which could significantly increase Krispy Kreme's market reach.
In addition to Walmart, Krispy Kreme is also in talks with Target to expand its reach further. This expansion aligns with Krispy Kreme’s strategy of operating as a producer and distributor of doughnuts sold in thousands of groceries, convenience stores, and restaurant locations globally. The company sells doughnuts through 8,000 access points in the U.S. but aims to increase that number significantly.
Critical to this expansion are Krispy Kreme’s “hubs,” its traditional shops where doughnuts are made and then delivered daily to kiosks, known as DFD doors, within retailers. A nationwide partnership with Walmart would be a significant milestone for Krispy Kreme, as Walmart accounts for about 25% of grocery sales in the U.S.
Krispy Kreme Expands McDonald’s Partnership to 12,000 Locations, Boosting Nationwide Growth Plans
Krispy Kreme also leverages its partnership with McDonald’s to support this growth. As Restaurant Business Magazine shared information, the company has been testing the use of McDonald’s locations as additional points of access for doughnuts, with plans to expand this partnership to more than 12,000 McDonald’s locations by the end of 2026. This expansion and new partnerships with retailers like Walmart and Target could see Krispy Kreme products available in nearly 23,000 locations across the U.S. by 2026.
Furthermore, Krispy Kreme recently sold a majority stake in Insomnia Cookies, providing the financial resources needed to open more hubs to support its distribution network.
Charlesworth confirmed that the McDonald’s partnership is progressing well. By the end of the year, Krispy Kreme doughnuts will be available in over 1,000 McDonald’s restaurants, primarily in the Midwest.
Krispy Kreme’s growth is supported by its ability to generate buzz through marketing initiatives. The company’s Southern Sweets Doughnut Collection, launched in May, which included the Dolly Dazzler doughnut inspired by Dolly Parton, contributed to 27 billion media impressions. These specialty doughnuts and a relaunched loyalty program helped drive organic revenue growth of 16% and a 22% increase in digital sales.


What’s the difference between baking powder and baking soda? It’s subtle, but significant
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations
Why financial hardship is more likely if you’re disabled or sick
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs
Debate over H-1B visas shines spotlight on US tech worker shortages
Glastonbury is as popular than ever, but complaints about the lineup reveal its generational challenge
Britain has almost 1 million young people not in work or education – here’s what evidence shows can change that
The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated
Canada’s local food system faces major roadblocks without urgent policy changes
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right
Yes, government influences wages – but not just in the way you might think
Disaster or digital spectacle? The dangers of using floods to create social media content
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 



