Connect with us

Hi, what are you looking for?

Jewish Business News

Business

When Life Gives You Lemonis, Open Bake Shops

2013 Summer TCA Tour - Day 4

CNBC’s Marcus Lemonis, along with Fischer Enterprises, owner of the Dippin’ Dots brand, rescued Crumbs Bake Shop from Chapter 11 last month, when the latter company closed its locations after filing for bankruptcy. Not letting valuable moments slide into oblivion, the popular bakery brand is back and is unveiling a revamped location on 795 Columbus Ave. in Manhattan.

Lemonis and Fischer made a 6.5 million bid for the troubled and crumbling bake shop, much of it in the form of loans. The new owners have plans to open at least 28 of its former 49 locations, and to make innovations in the menu. The store at Columbus and 97th street is expected to open next month with a full array of new menu options.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.