{"id":422,"date":"2015-11-16T14:32:19","date_gmt":"2015-11-16T20:32:19","guid":{"rendered":"http:\/\/www.mankatobankruptcy.com\/blog\/?p=422"},"modified":"2015-11-16T14:32:19","modified_gmt":"2015-11-16T20:32:19","slug":"reinventing-a-business-after-bankruptcy-in-mankato-minnesota","status":"publish","type":"post","link":"https:\/\/www.mankatobankruptcy.com\/blog\/reinventing-a-business-after-bankruptcy-in-mankato-minnesota\/","title":{"rendered":"Reinventing A Business After Bankruptcy in Mankato, Minnesota"},"content":{"rendered":"<p>It\u2019s November in Mankato, Minnesota and all throughout the area, there\u2019s already a sense of holiday excitement and cheer in the air. That\u2019s because the first big November holiday is already happening this week, on November 5.<\/p>\n<p>That\u2019s right. It\u2019s National Doughnut Day!<\/p>\n<p>I\u2019m sure the word \u201cdoughnut\u201d brings a few visuals to mind. You may be thinking about glaze, frosting, and the words \u201cBavarian Cream\u201d or \u201cBear Claw\u201d might resonate with salivating celebrators. You may also be thinking about your favorite local bakery, or about a more national bakery such as Dunkin\u2019 Donuts.<\/p>\n<p>But there\u2019s one doughnut bakery that may no longer be in the forefront of your mind: Krispy Kreme. Whatever happened to Krispy Kreme?<\/p>\n<p>This doughnut day, we\u2019re going to explore the history of this famous doughnut company. Krispy Kreme\u2019s history with bankruptcy proves that it\u2019s possible to go through a filing and successfully reinvent your business afterward. Let\u2019s take a look at Krispy Kreme\u2019s bankruptcy timeline:<\/p>\n<ul>\n<li>2003: In 2003, Krispy Kreme\u2019s business was sweet! The company was heralded as \u201cAmerica\u2019s Hottest Brand,\u201d for both consumers and investors. This phrase made the cover of Fortune magazine.<\/li>\n<li>\u00a0Post 2003: As a result of low-carb diet trends, the market for doughnuts decreased rapidly. While Krispy Kreme\u2019s competitors rebranded or introduced coffee drinks to avoid decreased sales and bankruptcy, Krispy Kreme continued to operate the same way it always had.<\/li>\n<li>2007: Diet trends finally became too much, and in 2007, Krispy Kreme was forced to close a number of stores. Sales had decreased, and the company had to file for Chapter 11 bankruptcy.<\/li>\n<li>Now: Krispy Kreme emerged from bankruptcy a few years ago and is back on the doughnut scene. Now, however, the company is choosing to focus on specialty and international products in addition to their classic glaze!<\/li>\n<\/ul>\n<p>Although Krispy Kreme may no longer be \u201cAmerica\u2019s Hottest Brand,\u201d the company has managed to come back from their Chapter 11 bankruptcy and refine their approach to deep fried dough. They will still be here to celebrate with you this National Doughnut Day, and they\u2019ll also be celebrating with Canada and France!<\/p>\n<p>Krispy Kreme is proof that it\u2019s possible to successfully reinvent yourself after a bankruptcy filing in Mankato, Minnesota. Even after filing <a href=\"http:\/\/www.mankatobankruptcy.com\/bankruptcy.php\">bankruptcy<\/a>, life can still be sweet! If you would like more information about your own bankruptcy filing, <a href=\"http:\/\/www.mankatobankruptcy.com\/contact-us.php\">contact <\/a>the professionals at Behm Law Group Ltd. today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s November in Mankato, Minnesota and all throughout the area, there\u2019s already a sense of holiday excitement and cheer in the air. That\u2019s because the first big November holiday is already happening this week, on November 5. That\u2019s right. It\u2019s National Doughnut Day! I\u2019m sure the word \u201cdoughnut\u201d brings a few visuals to mind. You [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[31,3],"tags":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bankruptcy | Mankato, MN | Behm Law Group |<\/title>\n<meta name=\"description\" content=\"Krispy Kreme is proof that it\u2019s possible to successfully reinvent yourself after a bankruptcy filing in Mankato, Minnesota! Call us today at 507-387-7200!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mankatobankruptcy.com\/blog\/reinventing-a-business-after-bankruptcy-in-mankato-minnesota\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bankruptcy | Mankato, MN | Behm Law Group |\" \/>\n<meta property=\"og:description\" content=\"Krispy Kreme is proof that it\u2019s possible to successfully reinvent yourself after a bankruptcy filing in Mankato, Minnesota! Call us today at 507-387-7200!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mankatobankruptcy.com\/blog\/reinventing-a-business-after-bankruptcy-in-mankato-minnesota\/\" \/>\n<meta property=\"og:site_name\" content=\"Behm Law Group, Bankruptcy Attorneys\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-16T20:32:19+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mankatobankruptcy.com\/blog\/reinventing-a-business-after-bankruptcy-in-mankato-minnesota\/\",\"url\":\"https:\/\/www.mankatobankruptcy.com\/blog\/reinventing-a-business-after-bankruptcy-in-mankato-minnesota\/\",\"name\":\"Bankruptcy | Mankato, MN | Behm Law Group |\",\"isPartOf\":{\"@id\":\"https:\/\/www.mankatobankruptcy.com\/blog\/#website\"},\"datePublished\":\"2015-11-16T20:32:19+00:00\",\"dateModified\":\"2015-11-16T20:32:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.mankatobankruptcy.com\/blog\/#\/schema\/person\/27775d5cd5fffe036851c367ff1f054b\"},\"description\":\"Krispy Kreme is proof that it\u2019s possible to successfully reinvent yourself after a bankruptcy filing in Mankato, Minnesota! 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