Not so long ago, Crumbs Bake Shop was one of the fastest rising brands in DC. Today, all five locations here have closed. We caught up with two local retail experts to hear three reasons why.
“There’s a little bubble building for rents in retail in DC,” says Bill Miller, who heads up Miller Walker Retail Real Estate along with partner Alex Walker (snapped near their Georgetown office yesterday).
Bill says, “The problem with food is, you’re only as good as your last meal. And customers are very hard to get back.”