After a 20-year run, Sprinkles Cupcakes, a cupcake and bakery chain known for cupcake-dispensing ATMs and its role in the haute cupcake craze, will close all its locations Dec. 31, according to an announcement on Instagram by founder Candace Nelson.
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Meanwhile, the responses on social media included statements from people saying they are former workers who received one-day layoff notices.
After starting the company in 2005, Nelson said she sold the brand to private equity in 2012 and has no ownership or operational involvement in the company. Private equity firm KarpReilly acquired the Beverly Hills-based Sprinkles Cupcakes in early 2013.
The brand was part of the gourmet cupcake trend of the late 2000s and early 2010s. Sprinkles was considered to be the “world’s first cupcake bakery” and had the “world’s first cupcake truck,” according to KarpReilly.
“I’m deeply grateful to the fans, customers, and community who showed up, celebrated with us, and made Sprinkles part of their traditions – and to the team who made it all happen,” Nelson wrote in the announcement.
“I thought Sprinkles would keep growing and be around forever. I thought it was going to be my legacy,” she says.
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