Bakery shutters stores nationwide
AL.com••business
Key Points:
- Sprinkles Cupcakes, a national bakery chain known for its cupcake vending machines, has closed all company-owned stores after 20 years in operation.
- The closure was announced by founder Candace Nelson, who sold the company to private equity firm KarpReilly LLC in 2023 but remains personally connected to the brand.
- The chain's website currently displays a "We’ll be right back!" banner and no products are available for purchase.
- KarpReilly cited a difficult decision to transition away from operating company-owned bakeries but did not provide specific reasons for the closures.
- It remains uncertain whether franchise locations will continue to operate following the shutdown of company-owned stores.
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