Crumbs Bake Shop Is Closing Down All Its Stores

Crumbs Bake Shop closed all of its stores at the end of the business day on Monday, according to a spokesperson for the New York-based bakery chain.

"Regrettably, Crumbs has been forced to cease operations and is immediately attending to the dislocation of its devoted employees while it evaluates its limited remaining options," which could include a bankruptcy filing, a company spokesperson told The Wall Street Journal, which first broke the news

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Crumbs opened its first shop in 2003 in Manhattan, and eventually expanded across the United States. There are currently has 48 stores open in 10 states and the District of Columbia, according to Crumbs' website. The company's two stores in Illinois are listed as "temporarily closed." Read more...

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