Sad news - a newly opened bakery, The King of Cupcakes, in Park Slope, Brooklyn, has closed. Patch.com reports:
The King of Cupcakes, the five-month old cupcake shop on Seventh Avenue between Fourth and Fifth streets, shuttered suddenly last week after months of disagreements between the store’s operators and its majority stakeholder, Ricky’s NYC, the beauty supply chain.
Co-owner Sean Rich said the store’s closure was a case of confectioner-on-confectioner crime.
“I don’t think we got along from first meeting,” Rich said. “We wanted to run it like a small business, but they wanted to run like a chain. There were too many chiefs and not enough Indians.”
Rich said that he and his two partners (his fiancé and cousin) were thrilled when an executive at Ricky’s called Rich looking to sell his cupcakes in Ricky’s stores. Ricky’s eventually offered Rich and his team a 49 percent share in the Seventh Avenue storefront instead, but the deal quickly soured.
The King of Cupcakes, the five-month old cupcake shop on Seventh Avenue between Fourth and Fifth streets, shuttered suddenly last week after months of disagreements between the store’s operators and its majority stakeholder, Ricky’s NYC, the beauty supply chain.
Co-owner Sean Rich said the store’s closure was a case of confectioner-on-confectioner crime.
“I don’t think we got along from first meeting,” Rich said. “We wanted to run it like a small business, but they wanted to run like a chain. There were too many chiefs and not enough Indians.”
Rich said that he and his two partners (his fiancé and cousin) were thrilled when an executive at Ricky’s called Rich looking to sell his cupcakes in Ricky’s stores. Ricky’s eventually offered Rich and his team a 49 percent share in the Seventh Avenue storefront instead, but the deal quickly soured.
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