kranky
Elite Member
http://online.wsj.com/articles/stic...shop-1404770884?mod=WSJ_hps_sections_business
The WSJ reports that Crumbs, a 50-store chain of cupcake stores, has gone under. Apparently it was the most prominent of the cupcake industry stores.
Did anyone actually think that cupcakes alone would make a sustainable business model? I'm actually surprised they lasted this long.
From IPO to out of business in 3 years. Flavor of the month, indeed.
The WSJ reports that Crumbs, a 50-store chain of cupcake stores, has gone under. Apparently it was the most prominent of the cupcake industry stores.
Did anyone actually think that cupcakes alone would make a sustainable business model? I'm actually surprised they lasted this long.
From IPO to out of business in 3 years. Flavor of the month, indeed.