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NYC-based Crumbs Bake Shop closes its doors

The popular cupcake store, which opened 11 years

The popular cupcake store, which opened 11 years ago, says it will be filing bankruptcy. When it first opened, business was booming and Crumbs grew rapidly to a reported 65 locations in 12 states. Most recently, the company had been suffering from a decline in sales. (July 8, 2014 2:46 PM)

The New York City-based company Crumbs Bake Shop officially closed its doors yesterday.

The popular cupcake store, which opened 11 years ago, says it will be filing bankruptcy. When it first opened, business was booming and Crumbs grew rapidly to a reported 65 locations in 12 states. Most recently, the company had been suffering from a decline in sales.

At the end of last year, Crumbs...

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