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June 13, 2005
Trimming the fat?
Hope you had a good weekend! Here's something to read with the morning coffee, but this isn't a good sign for Krispy Kreme. Via Reuters:
The court-appointed monitor of a Krispy Kreme Doughnuts Inc.(KKD.N: Quote, Profile, Research) franchisee in Canada that has suffered steep losses began selling the operator's doughnut-making equipment, store leases and other assets, the Wall Street Journal reported on its Web site Friday.[edit]
Krispy Kreme, based in Winston-Salem, North Carolina, owns 40.6 percent of the operation, which once planned to open more than 30 stores but had only a dozen as of April, the newspaper said.
C'mon, Canada, get out there and have a doughnut this morning!! Hmmm, gives idea...
Posted by The Pragmatic Chef at June 13, 2005 5:18 AM
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Food news