Krispy Kreme Doughnuts is an American based company that owns and operates doughnuts & coffee shops. Krispy Kreme Doughnuts was founded in 1937 after Vernon Rudolph, the founder, bought a secret doughnut recipe. He then rented a building in Old Salem, NC where he began selling Krispy Kreme Doughnuts to the local grocery stores. The doughnuts attracted so many people that he started selling them directly to the customers on the sidewalk. The company has grown tremendously to become a leading doughnuts supplier in the country with stores all over America and others in Asia, Puerto Rico, Australia, Middle East, England and Turkey.