Krispy Kreme – Why Did the Concept Fail in Hong Kong?

In October 2008 the franchisee of Krispy Kreme in Hong Kong announced that they would be liquidating the company and closing the majority of their 7 stores in the territory. The main reason cited in most press announcements was the high tenancy costs in Hong Kong. Obviously low sales lead to high tenancy costs and […]

In the Beginning

As a University student in Tokyo during the early 1970′s, I witnessed the first wave of American restaurants to hit the Japanese shores. It started with the large crowds at the Kentucky Fried Chicken booth at the Osaka Expo in 1970 and was quickly followed by the opening of the first McDonald’s on the ground […]