Krispy Kreme Donuts is just one of the many companies that may not survive 2009. The company over expanded in the 90's and took on alot of debt and now requires high sales to pay the bills. They have apprx 4000 employees and their stock is down 50%. They have cut costs, but, haven't earned an operating profit in 3 years.Yahoo Finance has complied a list of 15 companies that may not be around by the end of the year. In addition to Krispy Kreme; Rite Aid, Six Flags and Blockbuster make the list.
1 comment:
I like Krispy Kreme donuts, but, I can't think of anyone else who does. Pete doesn't like them at all, he thinks they are too sweet. I don't on like their traditional donut, the others are gross.
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