Cult Adelaide bakery Abbots and Kinney to close amid rising costs
A bakery with cult status has become the latest establishment to declare bankruptcy due to skyrocketing operating costs.
Abbots and Kinney will close the doors of its Elizabeth Street store in Croydon, Adelaide’s north-west, on Thursday.
General Manager Richard Wilson posted a message on Instagram to announce that it is no longer profitable to keep the store open.
“Leases are expiring, prices are rising… it’s something we’re hearing more and more these days as many businesses are forced to make difficult decisions,” he wrote.
‘Thank you to all our current and past patrons. All our staff and everyone who has supported us [us] en route’.
Customers expressed their disappointment about the store’s closure on social media.
“Devastated but we are lucky we have multiple locations,” one person wrote.
“There are so many memories and feelings of new motherhood associated with this place,” someone else wrote.
Customers expressed their disappointment over the store’s closure on social media (pictured are pastries at an Abbots and Kinney cafe)
Customers still have the opportunity to visit the six remaining stores.
Four stores are located in the city, with the other two in Malvern and North Terrace.
A new bakery is also set to open in Adelaide’s north-east, but a date has yet to be announced.
The owner of the business, John Pisanelli, opened the first store on Pirie Street in June 2015.
The business, known for its pastry, bread and cakes, grew quickly and more cafes opened.
The bustling eatery was voted Adelaide’s best cafe in 2021 and was one of the few cafes to remain open during the Covid-19 pandemic.
Managing director Richard Wilson said it was no longer profitable to keep the store open (pictured is the Abbots and Kinney cafe in Croydon)
The collapse of the Croydon branch comes after popular seafood restaurant Angler was forced to close its branch in Stirling, in Adelaide’s south-east, on Sunday.
Amanda Prance, co-founder of the restaurant, told Daily Mail Australia the move was made due to a decline in customers.
We’ve been here for five years and [we are] “We are not renewing the lease due to the huge drop in local customer traffic,” she said.
Daily Mail Australia has contacted Abbots and Kinney for further comment.