By Pranav Harish For Daily Mail Australia
01:34 10 Jul 2024, updated 01:35 10 Jul 2024
A bakery with a cult following is the latest venue that has been forced out of business due to soaring operating costs.
Abbots and Kinney will close the doors to their store on Elizabeth Street in Croydon, in Adelaide‘s north-west, on Thursday.
Managing Director Richard Wilson uploaded a post to Instagram to announce it was no longer viable to keep the store open.
‘Leases expiring, prices increasing … it’s something we’re hearing more and more often these days with lots of businesses being forced to make tough decisions,’ he wrote.
‘Thank you to all our patrons past and present. All our staff and anyone who supported [us] along the way’.
Customers took to social media to express their disappointment at the closure of the store.
‘Devastated, but we’re lucky to have multiple locations,’ one person wrote.
‘So many memories and feelings of new motherhood linked to this place,’ another person wrote.
Customers still have the option of visiting the six remaining stores.
Four stores are located in the city while the two others are located in Malvern and North Terrace.
A new bakery is also set to be opened up in Adelaide’s north-east at a date yet to be announced.
The owner of the business John Pisanelli opened the first store at Pirie Street in June 2015.
The business, which is known for their pastries, bread and cakes, quickly grew and more cafes were opened up.
The bustling eatery was voted the best café in Adelaide in 2021 and was among the few cafes that continued to trade during the Covid-19 pandemic.
The collapse of the Croydon store comes after popular seafood restaurant Angler was forced to close its store in Stirling, in Adelaide’s south-east, on Sunday.
The co-founder of the restaurant Amanda Prance told Daily Mail Australia the move was made because fewer customer were coming in.
‘We’ve been here for five years and [we are] not renewing the lease due to the massive drop in local customer traffic,’ she said.
Daily Mail Australia has contacted Abbots and Kinney for further comment.
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