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Caribou Coffee is disappearing or greatly diminishing in several U.S. markets.
April 8th, 2013
09:33 PM ET
Caribou Coffee closing 80 stores
Minneapolis-based Caribou Coffee is closing 80 locations next week and plans to convert 88 others to Peet's Coffee & Tea shops within the next 18 months, the company announced Monday.
"Over the past few months, we at Caribou have revisited our business strategy, including closely evaluating our performance by market to make decisions that best position us for long-term growth," the announcement said.
As a result, 80 "underperforming" stores will close for good on Sunday.
After that, 88 other Caribou locations will become Peet's as Caribou becomes extinct or critically endangered in Ohio, Michigan, Pennsylvania, Maryland, Virginia, Georgia, Illinois, eastern Wisconsin and Washington.
FULL STORY
Caribou criticly endangered in Ohio? They must not let me out much. Never heard of "em. Starbucks..keep it comming. I've yet to see anything wrong doing that number.
I think that my comment about Starbucks, Caribou, and income was just rejected because it was too true. Maybe I shouldn't have mentioned Alain Ducasse.
No doubt he uses all those yummy GMO infested foods when making his dishes @ Joey
Good Morning 🙂
@ Mary: Buon giorno. This will probably be rejected.
buon pomeriggio to you @ Joey 😉 I have a full day but wanted to respond
Can't mourn closing of
Stores I never heard before
(Coffee Caribous)?
There is no WAY Caribou is endangered in Ohio. I live in Cleveland and visit a few store locations several times a week. The place is always packed!