Crumbs Bake Shop Closing Its Doors

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It's puzzling to me that they thought it would be sustainable to the level of going public. I could have saved them lots of money and time and told them that it wouldn't be worth the effort.
The problem is investment banks are quick to push an IPO through because they make money on the deal. If the company fails a few years down the road, it isn't really their problem.
 

Michael's Black Son

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donut shops don't expand like wildfire though.

Cupcakes were THE fad of the moment.

And they had hella spinoffs. :snoop:

this. theres no way people are paying $5 for a single cup cake when they have their fuel band or FitBit on their wrist making them feel guilty about the shyt. The cupcake store business model is just dumb and you have to sell insane volume to keep it going.
 

Colicat

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:damn: no more Crumbs. The chicks love Crumbs

Blame women

It started as some fascination based on Sex and The City and just spread like wildfire.

I have never had anything from them and don't really fancy cake... Did they diversify their product? Was it all types of pastries or just cupcakes? Was it a dessert bar? Could I get a drink there or something?

Don't blame women.... Blame the company for shrinking their market...
 

☑︎#VoteDemocrat

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I have never had anything from them and don't really fancy cake... Did they diversify their product? Was it all types of pastries or just cupcakes? Was it a dessert bar? Could I get a drink there or something?

Don't blame women.... Blame the company for shrinking their market...
Women ARE to blame for their appeal.

WTF are you talking about? Ya'll asked where it came from and I told you. Their over expansion was their fault.
 
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