http://finance.yahoo.com/news/15-Companies-That-Might-Not-usnews-14279875.html
Not Krispy Kreme! Noooooo!!!
Actually, Sirius would be worse for me personally. I love that service.
Sad to see. There are a lot of companies doing poorly that aren’t even on the list. If this year is more of the same I expect to see a whole lot of manufacturing companies on that list.
I’m amazed KK lasted this long. You’d think one of the first things someone strapped for cash would do is stop splurging on donuts.
Qimonda
Qimonda closed it’s factory in Richmond. For those who don’t know Qimonda is a huge DRAM/RAM/Memory manufacturer.
You can pretty much see how hard Qimonda tanked when the economy fell.
The VCU engineering school is still in shock. Qimonda gave millions in donations to the school. It also provided many of the engineering students with internships/ jobs after graduation.
This is the second largest business failure (after Circuit City) in Richmond.
My GF’s company (educational publishing) just had massive layoffs and everyone remaining has taken a pay cut. The executives are going without pay until the company’s back in the black.
Publishing, in general, is pretty hard hit. Houghton-Mifflin is probably going out of business very soon.
Rite Aid should have been dead years ago, who goes there if there’s a Target anywhere close. I’ll be very sorry to see Sirius go under too.
The article repeatedly says that business had been recently purchased by the Apollo Group, but I think they mean Apollo Management. The Apollo Group owns Phoenix University and other diploma mills.
Considering how many of the businesses on that list had ‘was purchased by Apollo in 2007’, though, I’m surprised they didn’t end the article with a fortelling of doom for Apollo Management itself.
As for Blockbuster, I’m surprised whenever I see a B&M video rental storefront at all. I can think of two Hollywood Videos near where I live (in a suburb of Boston) which have been quietly disappeared over the past two years.
Krispy Kreme donuts are about 10 times as good as Dunkin Donuts, though admittedly neither of them are really technically speaking donuts, since I would expect some minimum amount of actual flour-based batter to be a requirement…
But they failed utterly here in Massachusetts. They had a huge, spacious, pleasant shop in Dedham (or was it technically speaking Westwood?) on Route 1 opposite a cramped ugly Dunkin Donuts staffed with people who hadn’t the slightest interest in filling orders correctly, with a drivethrough with a broken intercom.
So naturally the rotten DD is crammed with people throughout the day, and the KK is a vast echoing hall of warm sugared-fat smells and no customers. Admittedly the DD has so-called bagels and a few sandwiches to supplement their pastries, and KK doesn’t, but even so, it was a pretty sad little competition.
Krispy Kreme was a long time tradition here in the south. I don’t think you could go to a breakfast related event and not see a box of them. As the general weight of Americans has skyrocketed they fell out of favor and have been replaced with “just as bad” options that sound better to the people who organize these events for some reason. The flavor of the month would be Panera Bread bagels or pastries with a million different flavors of cream cheese. Amazingly though, Krispy Kreme tried to gamble on expanding during this time of people tying to eat more healthy. I guess it backfired.
I weep for Satellite radio though. That’s going to be a huge loss.
DD’s donuts are shit.
You go to KK and get a donut, it was made there.
You go to DD and get a donut, it was made at one of any number of central kitchens. And those kitchens do not necessarily correspond to some geographical division of DDs. DD is a franchise and it’s up to the franchise owner to provide kitchen space, so if a management company owns a DD in Watertown, two in Newton, one in Allston and two in Brookline, the kitchen may very well in Roxbury.
This is also why you get situations like that on route 9 near Washington St in Brookline where there is a Dunkin’ Donuts across the street from another Dunkin’ Donuts.
Whenever someone brings in a box of KK to the office, I appreciate the gesture, but I can’t help but look at them and think, “Do I really want to spend my entire days worth of fat/sugar intake on one donut?”
If Krispy Kreme goes under before I’m able to travel back to TN (none here in Bahstan that I can find) and eat there one last time, I may well hang myself.
I’m the only person I know who likes KK more than Dunkin, though, so its current problems are little surprise. But seriously, how can someone enjoy those flacid, under-sugared, hours-old Dunkin abominations when you could have a slightly crispy, icing-drenched KK straight out of the deep fryer?
Bastards not buying KK’s and dooming me to a DD only future :(
edit: God bless this forum. While I read other threads and typed up my reply to this one, a half dozen people came out in support of KK. Most of whom are also in Boston. Weird.
Where in Boston are you?
There’s a shitload of local places with donuts that beat the hell out of DDs.
And no, there aren’t any KKs. Miramon basically covered it. They got the shit kicked out of them and were given the boot out of the area faster than I’ve ever seen a new franchise come and go. The former KK buildings in Avon and Dedham stand empty, but you can go visit the former KK building at Wellington Circle in Medford. Hell, you can even get some of Boston’s best roast beef and fried clams there, cos it’s now a Kelly’s.
My “health conscious” associates these days bring in bags of Panera bread bagels, which admittedly are pretty amazing, but I think they just purchase them because they are convinced that eating 3 bagels = 1 DD or KK donut.
You mean the kind of company that changes a few chapters around in a textbook, calls it a new edition, and then has the gall to demand $120 for it?
Uh, no, but thanks for being randomly insulting for no good reason.
Yeah, them bastards. I hope the companies die in a fire wiping out all stockholders, while all employees land on their feet and find new jobs right away of course.
Sorry, I’ve got a 12-year hate-on for textbook publishers that will never go away, I suspect.
Ditto. Nothing against the people that work there, but the textbook business is crooked.