Hawaii's Historic Love's Bakery Will Close At The End Of Next Month - Honolulu Civil Beat
The Middle Street bakery said sales were down 20% last year because of the pandemic.
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Love’s Bakery, which has been filling Hawaii stomachs for 169 years, will lay off more than 230 employees and close at the end of next month after suffering from growing pandemic-related losses.
The company said it is seriously delinquent in rent, unable to qualify for additional federal Paycheck Protection Program funds and has seen major delays from mainland suppliers for ingredients and parts for aging equipment.
The company also said it was not able to secure additional capital, according to a notice to state and federal agencies about the mass layoff.