Krispy Kreme Offers a Dozen Donuts for $1

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By Douglas A. McIntyre Updated Published
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Krispy Kreme Offers a Dozen Donuts for $1

© courtesy of Krispy Kreme

Krispy Kreme is offering a dozen donuts for $1 for its 12/12 promotion. The only catch is that customers have to buy another dozen donuts for full price to get the deal.

In a tweet, the fast-food operation said: “The countdown is on to #DayoftheDozens! Come in on 12/12 to get a $1 Original Glazed Dozen with any dozen purchase.”

The free donuts are the company’s “original glazed,” and the deal is limited to two orders.

Krispy Kreme is locked in a fast-food battle with other companies that want to control the breakfast market. At the top of the list, McDonald’s and Starbucks have menus with dozens of items. And each has a large footprint of stores. Krispy Kreme has a disadvantage in terms of store count, as it has just over 1,000. Starbucks has more than 14,000 store locations in the United States. McDonald’s has over 14,100. Founded in 1937, Krispy Kreme has been around much longer than its rivals.

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The competition among the big breakfast retailers has been waged on several fronts. One is the contest over which one has the best food and beverages. In the recent Harris Poll Equitrend survey, Krispy Kreme beat Starbucks in the “best coffee shop coffee brand” category.

Original glazed costs $7.99 a dozen, according to the Krispy Kreme menu. Most other donuts bought by the dozen are priced between $8.99 and $11.39.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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