Sprinkles Cupcakes closes all locations after 20 years
ABC7 Los Angeles••business
Key Points:
- Sprinkles Cupcakes, a popular gourmet cupcake chain, permanently closed its doors after 20 years since opening its first store in Beverly Hills in 2005.
- Founder Candace Nelson, who sold the company to private equity firm KarpReilly in 2012, announced the closure on social media and expressed her emotional connection to the brand.
- The brand was known for its celebrity clientele, nationwide expansion, and innovative Cupcake ATM before its sale.
- Nelson expressed gratitude to fans and customers who supported Sprinkles over the years, despite her disappointment that the company did not continue growing as she had hoped.
- The current owner has not disclosed the reasons behind the permanent closure of Sprinkles Cupcakes.
