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McDonald's and Krispy Kreme to end U.S. donut sale partnership due to rising costs.

Jun 24, 202522 days ago

Contract Type

partnership

ChicagoRestaurantsFood And Beverage

Description

McDonald's and Krispy Kreme will terminate their partnership in the U.S. by July, as they struggled with costs. The collaboration aimed to sell Krispy Kreme donuts at McDonald's locations, but only a fraction of restaurants participated in the initiative.

Company Information

Company

McDonald's

Location

Chicago, Illinois, United States

About

McDonald’s is the world’s leading global foodservice retailer with over 37,000 locations in over 100 countries. More than 90% of McDonald’s restaurants worldwide are owned and operated by independent local business men and women. McDonald's & our franchisees employ 1.9 million people worldwide. We serve the world some of its favorite foods - World Famous Fries, Big Mac, Quarter Pounder, Chicken McNuggets and Egg McMuffin.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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