The closure marks the end of an era for Krispy Kreme in St. Petersburg. The doughnut chain opened the freestanding 4th Street North location in 2013. Prior to becoming a Krispy Kreme, the building was home to Ragin’ Grill, and before that operated as YaYa’s Flame Broiled Chicken.
Before opening on 4th Street, Krispy Kreme operated for decades at 3441 Central Avenue until that property was sold and redeveloped into Fray’s Donuts in the late 1990s.
The closure comes as Krispy Kreme scales back underperforming locations nationwide to improve profitability.
In 2025, the company exited roughly 3,500 locations, including ending a strategic partnership with McDonald’s at about 2,400 stores.