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Sprinkles Cupcakes Shuts Down After 20 Years
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Sprinkles Cupcakes, the beloved sweet shop known for its cupcake ATMs, has closed after two decades. Founder Candace Nelson announced the closure on December 30th. The brand, which started in a tiny Beverly Hills spot, grew into a national hit with ten locations by 2012. Nelson sold the business to private equity firm KarpReilly, which also owns other food brands. The shutdown has left fans heartbroken, with many blaming private equity trends. No reason was given for the closure, and the website now shows no products or stores. Checkout Solipillow.com
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