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Krispy Kreme
Krispy Kreme, Inc. (previously Krispy Kreme Doughnuts, Inc.) is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company returned to private ownership under JAB Holding Company, a private Luxembourg-based firm. In July 2021, Krispy Kreme became publicly traded again on the Nasdaq. The brand name is a deliberate non-standard spelling of "crispy cream", for marketing effect. History Early years In 1933, eighteen-year-old Vernon Rudolph, along with his brother Lewis Rudolph, began working for his uncle, Ishmael Armstrong, who owned a small general store in Paducah ...
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Cannington, Western Australia
Cannington is a southern List of Perth suburbs, suburb of Perth, Western Australia. Its Local government areas of Western Australia, local government area is the City of Canning. History Cannington's name derives from the Canning River (Western Australia), Canning River, which forms part of the southwestern boundary of the suburb. It was first subdivided in 1882, and a railway station was constructed in the 1890s opposite Station Street in what is now East Cannington, Western Australia, East Cannington.Carden, F.G. Along the Canning: A History of the City of Canning, City of Canning, 1st Edition 1968, 2nd edition, 1991, Waverley For many years the areas of Cannington, East Cannington and Beckenham were known locally as "Waverley" and many buildings and businesses used the name Waverley to designate their locality, such as the Waverley Hotel and the Waverley Drive In Cinema. The origin of the alternative use of Waverley is designated to the Cecil Gibbs who first used it in naming ...
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Krispy Kreme Plaque, Winston-Salem
Krispy may refer to: * "Krispy" (song), song from album ''Due Season'' by hip-hop artist Kia Shine * Krispy (cracker), a saltine or soda cracker See also * Krispy Kreme Krispy Kreme, Inc. (previously Krispy Kreme Doughnuts, Inc.) is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans ch ..., an American doughnut company * Krispy Krunchy Chicken, an American fried chicken company {{dab ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Southeastern United States
The Southeastern United States, also known as the American Southeast or simply the Southeast, is a geographical List of regions in the United States, region of the United States located in the eastern portion of the Southern United States and the southern portion of the East Coast of the United States, Eastern United States. The region includes a core of states that reaches north to Maryland and West Virginia, bordering the Ohio River and Mason–Dixon line, and stretches west to Arkansas and Louisiana. There is no official Federal government of the United States, U.S. government definition for the region, and it is defined variably among agencies and organizations. History The history of the present-day Southeastern United States dates to the dawn of civilization in approximately 11,000 BC or 13,000 BC. The earliest artifacts from the region were from the Clovis culture. Prior to the arrival of Colonial history of the United States, European colonialists, Native Americans in ...
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Savannah, Georgia
Savannah ( ) is the oldest city in the U.S. state of Georgia (U.S. state), Georgia and the county seat of Chatham County, Georgia, Chatham County. Established in 1733 on the Savannah River, the city of Savannah became the Kingdom of Great Britain, British British America, colonial capital of the Province of Georgia and later the first state capital of Georgia. A strategic port city in the American Revolution and during the American Civil War, Savannah is today an industrial center and an important Atlantic seaport. It is Georgia's Georgia (U.S. state)#Major cities, fifth-most-populous city, with a 2024 estimated population of 148,808. The Savannah metropolitan area, Georgia's List of metropolitan areas in Georgia (U.S. state), third-largest, had an estimated population of 431,589 in 2024. Savannah attracts millions of visitors each year to its cobblestone streets, parks, and notable historic buildings. These include the birthplace of Juliette Gordon Low (founder of the Girl Scou ...
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Krispy Kreme Corporate Offices
Krispy may refer to: * "Krispy" (song), song from album ''Due Season'' by hip-hop artist Kia Shine * Krispy (cracker), a saltine or soda cracker See also * Krispy Kreme Krispy Kreme, Inc. (previously Krispy Kreme Doughnuts, Inc.) is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans ch ..., an American doughnut company * Krispy Krunchy Chicken, an American fried chicken company {{dab ...
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Akron, Ohio
Akron () is a city in Summit County, Ohio, United States, and its county seat. It is the List of municipalities in Ohio, fifth-most populous city in Ohio, with a population of 190,469 at the 2020 United States census, 2020 census. The Akron metropolitan area, covering Summit and Portage County, Ohio, Portage counties, had a population of 702,219. It is located on the western edge of the Glaciated Allegheny Plateau in Northeast Ohio about south of downtown Cleveland. First settled in 1810, the city was founded by Simon Perkins and Paul Williams in 1825 along the Cuyahoga River, Little Cuyahoga River at the summit of the developing Ohio and Erie Canal. The name is derived from the Greek language, Greek word (), signifying a summit or high point. It was briefly renamed South Akron after Eliakim Crosby founded nearby North Akron in 1833, until both merged into an incorporated village in 1836. In the 1910s, Akron doubled in population, making it the nation's fastest-growing city. ...
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Camel (cigarette)
Camel is an American brand of cigarettes, currently owned and manufactured by the R. J. Reynolds Tobacco Company in the United States and by Japan Tobacco outside the U.S. Most recently Camel cigarettes contain a blend of Turkish tobacco and Virginia tobacco. Winston-Salem, North Carolina, the city where R. J. Reynolds was founded, is nicknamed "Camel City" because of the brand's popularity. History In 1913, R. J. Reynolds, Richard Joshua "R. J." Reynolds, founder of R. J. Reynolds Tobacco Company, the company that still bears his name, innovated the packaged cigarette. Prior cigarette smokers had rolled their own, which tended to obscure the potential for a national market for a pre-packaged product. Reynolds worked to develop a more appealing flavor, creating the Camel cigarette, which he so named because it used Turkish tobacco in imitation of then-fashionable Egyptian cigarette industry, Egyptian cigarettes. Reynolds priced them below competitors, and within a year, he had sol ...
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Nashville, Tennessee
Nashville, often known as Music City, is the capital and List of municipalities in Tennessee, most populous city in the U.S. state of Tennessee. It is the county seat, seat of Davidson County, Tennessee, Davidson County in Middle Tennessee, located on the Cumberland River. Nashville had a population of 689,447 at the 2020 United States census, 2020 census, making it the List of United States cities by population, 21st-most populous city in the United States and the fourth-most populous city in Southeastern United States, the Southeast. The city is the center of the Nashville metropolitan area, home to 2.1 million people, and is among the fastest growing cities in the nation. Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779 when this territory was still considered part of North Carolina. The city grew quickly due to its strategic location as a port on the Cumberland River and, in the 19th century, a railr ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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