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Bakery Industry

All articles tagged with #bakery industry

business29 days ago•2 min saved

Schwebel Baking Co. winds down operations, liquidates after 120-year history

Schwebel Baking Co., a Youngstown, Ohio-based bakery founded in 1906, announced it will wind down operations and liquidate its business, affecting the Youngstown and Hebron bakeries, retail stores, and distribution centers. Operations will continue through the Fourth of July weekend before tapering off through the summer, after the company was unable to secure a viable buyer or investment amid aging facilities, labor obligations, and reduced demand. The board and leadership expressed gratitude to employees, customers, suppliers, and communities for Schwebel’s 120-year legacy.

via WPXI|

#bakery-industry #business #liquidation

business6 months ago•9 min saved

Sprinkles Cupcakes: Rise of a Beverly Hills Boom, Now an Abrupt Shutdown

Sprinkles Cupcakes grew from Candace Nelson’s home bakery to a nationwide brand with signature 24‑hour cupcake ATMs and dozens of shops, but after Nelson’s 2012 exit and a private-equity takeover, the company abruptly closed all company‑owned locations by Dec. 31, 2025, leaving employees jobless and highlighting the risks of brick‑and‑mortar bakeries amid rising costs and shifting consumer tastes, despite diversification efforts like DTC sales and a new franchise program.

via Los Angeles Times|

#bakery-industry #business #consumer-trends