Free Republic

A man's quest to overcome his fear of rejection by making at least one crazy request a day for 100 days was throttled last week when a Krispy Kreme employee accepted his order for five doughnuts linked together in the colors and shape of the Olympic symbol. "It's only my third day and I have already failed," Jia Jiang wrote on his 100 Days of Rejection Therapy blog. "But I did so with such amazement and happiness." When the 31-year-old approached the register to make his "specialized" doughnut order, Jackie Braun, a shift leader at an Austin, Texas, Krispy Kreme,...

SEC investigators probe Krispy Kreme's books Daily Herald Reports Posted 7/30/2004 Krispy Kreme Doughnuts Inc. said Thursday the Securities and Exchange Commission is investigating how the company accounted for the repurchase of franchises and earnings forecasts. Shares of the Winston-Salem, N.C.-based company fell 16 percent. Chief Executive Scott Livengood, 51, has been buying stores back from franchisees, with some investors and analysts questioning the prices. Krispy Kreme, which had its first loss as a public company in last quarter, cut its annual profit forecast in May, triggering a 30 percent share drop. "It's just one more blow to their credibility,"...