Content about Crumbs Bake Shop

July 8, 2014

Crumbs Bake Shops on Monday closed its 48 stores. The cupcake store chain has been struggling for some time.

New York -- Crumbs Bake Shops on Monday closed its 48 stores. The cupcake store chain has been struggling for some time. In a May filing with the Securities and Exchange Commission, it warned that it "may be forced to curtail or cease its activities" if its operations didn't generate enough cash flow.

Last week, Nasdaq suspended the trading of Crumbs shares on the grounds that the company no longer had at least $2.5 million in shareholder equity, or met benchmarks for an annual net profit.

April 16, 2013

Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Crumbs Bake Shop recently opened its first area location at Cherry Hill Mall, in Cherry Hill, N.J.

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Crumbs Bake Shop recently opened its first area location at Cherry Hill Mall, in Cherry Hill, N.J.

The 200-sq.-ft. foot kiosk is a dessert supplement to major Cherry Hill Mall dining players such as Grand Lux Café, Bobby’s Burger Palace, California Pizza Kitchen, Maggiano’s Little Italy, Seasons 52, The Capital Grille, and Bahama Breeze.