Krispy Kreme’s Big Sell-Off: What’s Up?

Krispy Kreme just sold its chunk of Insomnia Cookies for $75 million to pay down a mountain of debt—think: less donut drama, more focus on making your morning coffee run sweeter. The donut giant is tightening its belt after losing $33 million last quarter, but don’t worry, your local shop isn’t closing. The move? More fresh donuts, less cookie chaos, and maybe a leaner, meaner Krispy Kreme in your neighborhood soon. #KrispyKreme #MoneyMoves #BusinessNews #Business #EntrepreneurshipStartup