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Old 11-01-2017, 08:56 PM
 
421 posts, read 293,762 times
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Quote:
Originally Posted by gsoboi78 View Post
Wonder what the motive would be for moving to Charlotte if that happens?
Maybe they feel that Charlotte allows them the ability to attract more/better talent rather than Winston-Salem. Plus, I was reading earlier that quite a few of the movers and shakers in the company are from Charlotte or even live there now. With the CEO purchasing a home down there, you can add another to the list.

I'd expect the bulk of the high-paying jobs to move to Charlotte over the next 2-4 years. And any additions as a result of acquiring Dunkin will go to Charlotte as well.
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Old 11-02-2017, 05:00 AM
 
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Quote:
Originally Posted by gsoboi78 View Post
Wonder what the motive would be for moving to Charlotte if that happens?
Access to a major hub airport plain & simple
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Old 11-02-2017, 06:41 AM
 
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Originally Posted by js4life View Post
Access to a major hub airport plain & simple
Yeah, Krispy Kreme CEO Matt Tattersfield remains on the board of Caribou Coffee (Minneapolis) and Einstein Bagels (Denver) as well.

CLT offers 8 nonstop flights per day to Denver and 8 nonstop flights per day to Minneapolis. GSO has seasonal Frontier service 3 days per week to Denver and 0 flights to MSP.

CLT also has a daily nonstop flight to Frankfurt for JAB's office in Mannheim, Germany and a one stop connection through London or Frankfurt to Luxemburg compared to 2 connections from GSO.

Most likely HQ remains in Winston-Salem, but a satellite office opens in northern Mecklenburg County for the senior management team to be near the airport.
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Old 11-02-2017, 07:57 AM
 
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I could see that although living at LKN doesn't give you that big a jump on the airport. I lived at LKN and had a lake house for years while living in Winston. It takes about 40 minutes to get to the Mooresville area. If they just want to live at the lake then fine, but that area doesn't give you anything special as compared to Winston and it's a massive pain to go into Charlotte from that area. If they were going to move to Charlotte proper or Ballantyne I could see the advantages more.
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Old 11-02-2017, 09:10 AM
 
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Quote:
Originally Posted by B-V-R View Post
I could see that although living at LKN doesn't give you that big a jump on the airport. I lived at LKN and had a lake house for years while living in Winston. It takes about 40 minutes to get to the Mooresville area. If they just want to live at the lake then fine, but that area doesn't give you anything special as compared to Winston and it's a massive pain to go into Charlotte from that area. If they were going to move to Charlotte proper or Ballantyne I could see the advantages more.
It depends on the purpose for having a corporate campus in Charlotte. This could be JAB Holdings US HQ to oversee their business interest here. I don't think this is necessarily a sign that KK is moving.
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Old 11-02-2017, 10:22 AM
 
Location: Greensboro, NC USA
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Even if they move, they will still likely have some major operations in Winston-Salem. I looked into the history of Krispy Kreme and found it was originally set up in Kentucky, then moved to Nashville before finally settling in Winston-Salem. But the company has been a part of the Twin City for over 80 years. Before they went public in the late 90s it was more of a regional company. I grew up eating Krispy Kreme doughnuts long before the long lines for store openings across the country. America didn't know what it was missing. They best doughnuts you'll ever eat in my opinion and they actually come from a French recipe. I'll take Krispy Kreme's yeast doughnut over Dunkin Donuts cake doughnuts any day.
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Old 11-02-2017, 12:36 PM
 
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Originally Posted by gsoboi78 View Post
I looked into the history of Krispy Kreme and found it was originally set up in Kentucky, then moved to Nashville before finally settling in Winston-Salem.
That's true, but for the record, that all happened in the first few years of the company's existence. Vernon Rudolph and his Uncle Ishmael founded started Krispy Kreme in Nashville in 1933, but Vernon moved to WS to open the "original" location on South Main by 1937.
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Old 11-02-2017, 01:37 PM
 
29,933 posts, read 27,365,450 times
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Quote:
Originally Posted by B-V-R View Post
I could see that although living at LKN doesn't give you that big a jump on the airport. I lived at LKN and had a lake house for years while living in Winston. It takes about 40 minutes to get to the Mooresville area. If they just want to live at the lake then fine, but that area doesn't give you anything special as compared to Winston and it's a massive pain to go into Charlotte from that area. If they were going to move to Charlotte proper or Ballantyne I could see the advantages more.
It's not about the CEO personally living near the airport, but the base of operations having closer proximity to an airport with more flight options. CEOs will generally live in the most desirable neighborhoods in a city/metro and oftentimes they aren't that close to the airport.
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Old 11-02-2017, 01:58 PM
 
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Well if that's the case then not sure why all the hubbub about the CEO buying a house at LKN. Honestly in my opinion it's an easier commute to Winston from LKN than it is to anywhere in town Charlotte, especially uptown. I did that commute for years and under the best circumstances it took 45 minutes, but frequently well over an hour.
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Old 11-02-2017, 04:12 PM
 
Location: North Carolina
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Quote:
Originally Posted by gsoboi78 View Post
Even if they move, they will still likely have some major operations in Winston-Salem. I looked into the history of Krispy Kreme and found it was originally set up in Kentucky, then moved to Nashville before finally settling in Winston-Salem. But the company has been a part of the Twin City for over 80 years. Before they went public in the late 90s it was more of a regional company. I grew up eating Krispy Kreme doughnuts long before the long lines for store openings across the country. America didn't know what it was missing. They best doughnuts you'll ever eat in my opinion and they actually come from a French recipe. I'll take Krispy Kreme's yeast doughnut over Dunkin Donuts cake doughnuts any day.
When a homegrown company gets big, goes public and gets more widely "recognized", its whole dynamic changes because its allegiance changes from doing desirable things (great food, service) to shareholders. The company may still be doing the right things, but that's often where there's a shift in loyalty away from its local roots. That point for Krispy Kreme was right around the late 1990's when they went public and were very aggressively building new stores.

As far as the taste, I agree they're good, but there's a lot of air content. I don't know if the correct technical term for having delayed satiety, but that's when you eat something and it doesn't make you fill full for a long time, but then all of a sudden you're stuffed. Krispy Kreme donuts are the worst donuts for this in my opinion and it's easy to overeat them and then your stomach (and waistline) regrets doing that about an hour later. Personally, my favorites are from certain mom and pop donut shops near me, but Krispy Kremes are still good.
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