Crumbs Closes All Its Stores as Crumbnuts Fail to Revive Chain

Pedestrians pass by a closed Crumbs Bake Shop Inc. store in New York, U.S., on Tuesday, July 8, 2014. Crumbs Bake Shop Inc., the cupcake chain facing default on more than $14 million in loans, closed all of its stores yesterday after years of struggling to make money in a crowded market. Photographer: Peter Foley/Bloomberg via Getty Images
Pedestrians pass by a closed Crumbs Bake Shop Inc. store in New York, U.S., on Tuesday, July 8, 2014. Crumbs Bake Shop Inc., the cupcake chain facing default on more than $14 million in loans, closed all of its stores yesterday after years of struggling to make money in a crowded market. Photographer: Peter Foley/Bloomberg via Getty Images
Crumbs Closes All Its Stores as Crumbnuts Fail to Revive Chain
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Bloomberg / Contributor
Editorial #:
451851968
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Bloomberg
Date created:
08 July, 2014
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Bloomberg
Object name:
CRUMBS CLOSING