Categorized | Business, Food, Travel

Sweet Treats Franchise On Rebound

GETTING HOTTER – When doughnuts come off a Krispy Kreme production line, as these did Nov. 28 (2009) at its store in Clarks Summit PA, a sign lights up outside that announces to passing motorists the product is “Hot Now!” Krispy Kreme franchises, which have been plagued by profitability problems in recent years, were significantly reduced across Pennsylvania and now can be found only in Scranton (2), Clarks Summit, and Cranberry PA. The company may be making a comeback, however, The Wall Street Journal reported Dec. 7 (2009). Last year Krispy Kreme turned its first annual operating profit since 2003. For the quarter ending Nov. 1 (2009), the company reported a loss of $2.4 million, significantly better than a prior-year loss of $5.9 million, according to The Journal.

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