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liberal N proud

(61,203 posts) Tue Jul 8, 2014, 01:41 PM Jul 2014

The Cupcake bubble has crumbled [View all]

Cupcake shop Crumbs shuttering all its stores

NEW YORK- 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 closures Monday. A representative for Crumbs could not immediately say how many workers were affected or how many stores it had remaining on its last day.

"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 bankruptcy liquidation.

http://money.msn.com/investment-advice/now.aspx?post=cc680a4e-b169-41e1-bd9d-364bb620a9bd&gt1=33002

18 replies

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The Cupcake bubble has crumbled [View all] liberal N proud Jul 2014 OP

This is what happens now.... vi5 Jul 2014 #1

This whole fad has come and gone and I haven't had a cupcake since TwilightGardener Jul 2014 #2

The same people who sat in 45 minute lines to get Krispy Kremes LondonReign2 Jul 2014 #4

H.L. Mencken: "Nobody ever lost money underestimating the intelligence of the American people." closeupready Jul 2014 #6

45 minutes? rickford66 Jul 2014 #15

Mixing metaphors like a Catholic bear in the woods. Nuclear Unicorn Jul 2014 #3

DUzy! CrispyQ Jul 2014 #7

Seriously? Rod Beauvex Jul 2014 #5

Fads come & go and sometimes come back again-- like frozen yogurt? hlthe2b Jul 2014 #8

smoothies, juice bars, cereal buffets...I think ice cream remains a constant... Phentex Jul 2014 #10

Ice cream shops endure because they have a solid place in American culture TwilightGardener Jul 2014 #16

I miss the ice cream shops enlightenment Jul 2014 #17

Yeah. I remember the frozen yogurt boom. Hassin Bin Sober Jul 2014 #14

Now if we could only get rid of those damn "cake pops" DinahMoeHum Jul 2014 #9

They look like a lollipop that got dropped under a couch cushion. nt LisaLynne Jul 2014 #11

Those things are vile! winter is coming Jul 2014 #12

I just looked it up and found Kingofalldems Jul 2014 #13

it was their refusal to sell scones that did them in... lame54 Jul 2014 #18