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Popular bakery chain known for its ATMs abruptly closes all locations

Sprinkles Cupcakes had storefronts and ATMs across the country
Sprinkles Cupcakes had storefronts and ATMs across the country (Getty/iStock)
  • Sprinkles Cupcakes, a popular bakery chain known for its storefronts and ATM-style vending machines, has closed all of its locations.
  • Founder Candace Nelson announced the abrupt closure via Instagram, expressing her sadness and stating she believed the company would be her legacy.
  • Established in California in 2005, Sprinkles gained fame for launching the world's first cupcake ATM in Beverly Hills in 2012 and had expanded across several US states.
  • Nelson sold the company to a private equity firm in 2012 and had no further operational involvement in its expansion.
  • Fans, including celebrities, have expressed shock and disappointment, while employees claim they received only one day's notice of the closures.
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