The news comes as a shock to workers, who were promised jobs would be saved.
Well, it turns out that no Doughnut Time stores will remain open at all, after a deal to sell the surviving stores collapsed last week. The company went into liquidation on Friday, and that will be the end of the (briefly) enormously popular doughnut franchise
The news came as a surprise to Doughnut Time employees, who were told last week that company CEO Dan Strachotta had bought the seven remaining stores, and would try to save as many jobs as possible. On Friday, employees received a message from middle management reporting that the deal to save the company had been blocked, but as neither the owner nor the CEO had confirmed this, the situation remained unc…
Read the full article at: http://junkee.com/doughnut-time-liquidation/150523
