Krispy Kreme Doughnuts Could Be Next to Go Out of Business! - Sitcoms Online Message Boards

Brian Damage · 06-15-2009, 02:50 PM

Krispy Kreme. The famed doughnut chain got too chubby over the last 15 years, and it's been closing unprofitable stores to help reverse several years of steep losses. Revenue has plunged since 2005, but cutbacks helped the company turn a $1.9 million profit in the latest quarter. Lenders have provided a breather by easing some of their requirements over the last two years. The temporary reprieve expires in 2011. By then, the company hopes that streamlining, profitable new overseas stores, and other measures will have strengthened its finances.

Spokesman Brian Little points out that Krispy Kreme has cut its debt by nearly 40 percent and has a $21 million cash cushion. The recession, he adds, isn't as daunting to Krispy Kreme as to other food chains: "We sell an affordable indulgence consumers will purchase when they can't afford to treat themselves or their families to other luxuries."

http://finance.yahoo.com/family-home...s-on-the-Ropes

Sharop · 06-15-2009, 03:15 PM

I hope they stay in business. I love Krispy Kreme doughnuts. It's a shame we don't have many of them here in the UK. I think there's one in London and another somewhere else, and I think that's about it.

80sTrivia · 06-15-2009, 05:07 PM

Oh, no... Krispy Kreme's are a Southern Tradition! I hope they remain in business!

browneyes106 · 06-15-2009, 07:44 PM

I really hope they don't go out of business completely but I don't have a good feeling. Two of the stores in my city have closed down already.

TJL · 06-15-2009, 07:48 PM

Krispy Kreme never made it's mark here in the Big Apple. Dunkin Donuts runs this town.

MickeyMac · 06-15-2009, 08:18 PM

Krispy Kremes havent caught on here either.

Schmoopie · 06-16-2009, 06:33 AM

These are the only kind of glazed donuts I can eat, but OMG, they are SO sugary that the last time I tried one, it about made me sick. I honestly don't like donuts at all, but if I eat them, I try to go for the chocolate covered kind.

comedyfreak · 06-16-2009, 08:34 AM

They expanded too fast, too soon. It doesn't surprise me, they were great when they were warm yummy.

catlover79 · 06-16-2009, 08:57 AM

Quote:

Originally Posted by TJL

Krispy Kreme never made it's mark here in the Big Apple. Dunkin Donuts runs this town.

Same here.

dakert · 06-16-2009, 11:04 AM

Krispy Kreme went out of business here in Altoona PA over a year ago. I thought their doghnuts were okay.

06-15-2009, 02:50 PM	#1
Brian Damage I'm Rich Bitch Forum Icon Join Date: Feb 03, 2002 Location: What Ain't No Country I Ever Heard Of...They Speak English in What? Posts: 63,107	Krispy Kreme Doughnuts Could Be Next to Go Out of Business! Krispy Kreme. The famed doughnut chain got too chubby over the last 15 years, and it's been closing unprofitable stores to help reverse several years of steep losses. Revenue has plunged since 2005, but cutbacks helped the company turn a $1.9 million profit in the latest quarter. Lenders have provided a breather by easing some of their requirements over the last two years. The temporary reprieve expires in 2011. By then, the company hopes that streamlining, profitable new overseas stores, and other measures will have strengthened its finances. Spokesman Brian Little points out that Krispy Kreme has cut its debt by nearly 40 percent and has a $21 million cash cushion. The recession, he adds, isn't as daunting to Krispy Kreme as to other food chains: "We sell an affordable indulgence consumers will purchase when they can't afford to treat themselves or their families to other luxuries." http://finance.yahoo.com/family-home...s-on-the-Ropes Attached Images
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06-15-2009, 03:15 PM	#2
Sharop Andy Gibb aged 12 Forum 3000 Club Member Join Date: Dec 03, 2004 Location: Courthouse Square, Hill Valley, beside the clocktower, 10:04 p.m., November 12th 1955 Posts: 3,912	I hope they stay in business. I love Krispy Kreme doughnuts. It's a shame we don't have many of them here in the UK. I think there's one in London and another somewhere else, and I think that's about it.
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06-15-2009, 05:07 PM	#3
80sTrivia Member Forum Celebrity Join Date: May 23, 2002 Posts: 21,714	Oh, no... Krispy Kreme's are a Southern Tradition! I hope they remain in business!
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06-15-2009, 07:48 PM	#5
TJL Suburbanite Extrordinaire Forum Star Join Date: Dec 29, 2001 Location: New Jersey - the cradle of civilization Posts: 16,588	Krispy Kreme never made it's mark here in the Big Apple. Dunkin Donuts runs this town.
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06-16-2009, 06:33 AM	#7
Schmoopie Keep Calm and Love Snoopy Forum Star Join Date: Jul 13, 2008 Location: Lynnwood, Washington Posts: 15,697	These are the only kind of glazed donuts I can eat, but OMG, they are SO sugary that the last time I tried one, it about made me sick. I honestly don't like donuts at all, but if I eat them, I try to go for the chocolate covered kind.
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06-15-2009, 07:44 PM	#4
browneyes106 Member Forum Veteran Join Date: Apr 01, 2008 Posts: 6,094	I really hope they don't go out of business completely but I don't have a good feeling. Two of the stores in my city have closed down already.

06-15-2009, 08:18 PM	#6
MickeyMac Member Forum Star Join Date: Jun 18, 2008 Location: Kalamazoo, Michigan Posts: 19,008	Krispy Kremes havent caught on here either.

06-16-2009, 08:34 AM	#8
comedyfreak Cheers! Forum Fanatic Join Date: Dec 14, 2005 Location: Sunny California Posts: 11,061	They expanded too fast, too soon. It doesn't surprise me, they were great when they were warm yummy.
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06-16-2009, 11:04 AM	#10
dakert Member Forum 3000 Club Member Join Date: May 10, 2007 Location: Altoona PA Posts: 3,411	Krispy Kreme went out of business here in Altoona PA over a year ago. I thought their doghnuts were okay.