I see where KK has suffered another big loss this quarter-
Tiki, one reason is the write-off from closing down the Montana Mills bread division, which they claimed was due to reduced sales caused by Atkins devotees. Hog wash and bull excrement!!!!!
Montana Mills was a local company which started in Rochester, grew, and was bought out by Krispy Kreme a few years ago. They made excellent home-made tasting specialty breads and muffins, and always seemed to so a good business here. In fact, if I was on Atkins and was planning to sneak some carbs, it is exactly the high quality breads of Montana Mills I would want to spend my carb allowance on.
I don't think KK even tried to sell off Montana Mills, although the original owners had expressed interest in re-purchasing part of the chain.
Once again, corporate america screws the little guys - the employees and stock holders.