America's first public cupcake company, Crumbs Bake Shop, announced late Monday that it will be closing every one of its nearly 50 remaining stores nationwide. The news likely came as a surprise to cupcake fiends countrywide. Could this mark the end of
NEW YORK (AP) – Crumbs says it is shuttering all its stores, a week after the struggling cupcake shop operator was delisted from the Nasdaq. The New York City-based company said all employees were notified of the
"Regrettably Crumbs has been forced to cease operations and is immediately attending to the dislocation of its employees while it evaluates its limited remaining options," the company said in an emailed statement. That will include filing for Chapter 7
When Crumbs, the New York City-based chain that built its business around cupcakes, shuttered several dozen of its remaining locations on Monday, it seemed like an abrupt ending for a company that opened a decade ago to ride the wave of popularity of
America's first public cupcake company, Crumbs Bake Shop, announced late Monday that it will be closing every one of its nearly 50 remaining stores nationwide. The news likely came as a surprise to cupcake fiends countrywide. Could this mark the end of