NEW YORK ( TheStreet) -- Crumbs Bake Shop (CRMB) is no more. The publicly traded bakery announced it was shuttering operations at its stores Monday evening, giving employees little more than a days' notice.
The company has ceased operations as it evaluates its limited remaining options, one of which could include a bankruptcy filing, a spokesperson said in a statement.
Just over a decade ago when still a young upstart, Crumbs was on a sugar high, riding the crest of a boom in demand for gourmet cupcakes.
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