What happened to krispy kreme?
Bankrupcy is looming: The publicly traded company has nearly 400 stores in the United States and overseas that have been seeing fewer and fewer customers during the economic recession. According to the Krispy Kreme Doughnuts Web site, the company saw a net loss of $5.9 million in the third quarter of 2009, compared to a net loss of $798,000 in the third quarter of 2008. Overall, the company saw a yearly net loss of $4.1 million compared to a loss of $67.1 million last year.
