Sprinkles Cupcakes shutters stores nationwide as dessert culture evolves. From the Cupcake ATM era to Gideon’s Bakehouse and global bakery trends, here’s what changed

After a 20-year run, Sprinkles Cupcakes, a cupcake and bakery chain known for cupcake-dispensing ATMs and its role in the haute cupcake craze, will close all its locations Dec. 31, according to an announcement on Instagram by founder Candace Nelson.

The iconic cupcake company, which was born and bred in California, dropped the bombshell Wednesday that it was shuttering all of its locations after roughly 20 years in business.

Watch Team Sprinkles' Frosted Cherry and Frosted Cookies & Creme get sent into the gigantic toaster for BYU to consume after winning the Pop-Tarts Bowl.

Sprinkles Cupcakes has not made a public statement, and Disney Springs has not shared any update either. Still, several signals point to a late-stage decision that would see business operations wind down effective December 31,