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Krispy Kreme returning to Phila.

Krispy Kreme Doughnut Corp. says it will reenter the Philadelphia-area market with 21 new stores in the next seven years.

Krispy Kreme Doughnut Corp. says it will reenter the Philadelphia-area market with 21 new stores in the next seven years.

The first new doughnut shop is expected to open this year. Krispy Kreme said the new Philadelphia-area franchise outlets will be owned and operated by Keith Morgan, the former chief executive officer of AAMCO Transmissions.

A former Krispy Kreme franchise operator in the Philadelphia area filed for bankruptcy protection in 2005.