Tuesday, July 8, 2014

Crumbling Crumbs..The famous Cup Cake bakery is CLOSED!




Crumbs Bake Shop closed its 48 stores for good on Monday, July 7, 2014.
A New York cupcake empire has crumbled.

Crumbs Bake Shop, famous for its 600-calorie, 4-inch, frosting-topped sweets, notified employees Monday that the popular chain had run out of dough.

Its 48 stores across 10 states were closing for good Monday — the same day employees were notified they were losing their jobs, the Wall Street Journal reported.

The chain is known for its huge 600-calorie, frosting-topped cupcakes.



“Regrettably Crumbs has been forced to cease operations and is immediately attending to the dislocation of its devoted employees while it evaluates its limited remaining options,” the company said.

Crumbs had been touted at the world’s largest gourmet cupcake business with 70 stores globally — but its sales had been falling off for several years.

The company shuttered dozens in a series of retrenchments between 2012 and 2013 — but sales continued to spiral downward.

Crumbs was born out of the “Sex and the City” craze that made Magnolia Bakery a household name.

Employees at two Crumbs stores in Manhattan said they were in the dark about the imminent closures.

“I honestly do not know what’s going to happen. All I know is we’re open right now, and the store is full so I can’t talk long,” said one worker at Crumbs on 72nd St.

Crumbs Bakery has filed for Chapter 7 bankruptcy.


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