The bakery known for its Cupcake ATMs has closed all locations. Here's what the founder and employees said about the bakery's sudden shutdown.

WASHINGTON — Sprinkles Cupcakes appears to be closing all of its local bakeries across the country. Sprinkles, which launched in 2005, currently has 20 locations across six states and Washington, D.C.

That’s the way the cupcake crumbles. Sprinkles, the iconic California cupcake company, has announced a “winding down” of operations at its remaining 15 retail locations, blindsiding employees at the ...

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