Last Wednesday Silver Spring's Cakelove location closed with little notice or fanfare. There was nary a mention of the closure on Cakelove's Twitter feed and only a last-minute notice sans explanation on their Facebook page. Cakelove had been in downtown Silver Spring for seven years, initially in FrozenYo's current spot, eventually moving around the corner to Fenton Street in 2011.
Will it be missed? I'm sure there were some loyal customers, but the store never seemed particularly inviting or busy when I passed by. I had one or two of their cupcakes over the years, and was unimpressed. Mediocre ratings (at best) on sites like Yelp! and Urbanspoon seem to show that my opinion wasn't outside of the norm. Given the proliferation of cupcake bakeries in recent years, it would seem that there's still money be made in the "overpriced urban bakery" segment if you're doing it right. As much as the place annoys me, if there were a Georgetown Cupcake in that spot I'd begrudgingly patronize it - provided I didn't have to wait in line.
So, what's next? Knowing DTSS, it's likely they already have a tenant lined up. I'm surprised no one has attempted to open another coffee shop - I'd think one would do quite a bit of business. Does Starbucks have an exclusivity deal with Peterson? Just don't let it be another mobile phone store. I believe Verizon is the only major carrier without an official store downtown, and I'm sure it's just a matter of time until they set up shop.