The Caribou Coffee, 6035 Durand Ave. in Mount Pleasant, will close its doors later this month. The closure is a decision that came from the corporate level.
Employees found out about the closure on Friday, and began telling customers Saturday and Sunday. An employee at the store said they are having a sale on merchandise and the store will close its doors at noon on Sunday.
The decision relates to a corporate acquisition of Caribou by Joh. A. Benckiser Group (JAB) in December 2012. The same company also acquired another large coffee company, Peet's Coffee and Tea Inc., which happened in October 2012.
Patch received this statement from Caribou Coffee President and CEO Mike Tattersfield:
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. With that, we will be closing 80 underperforming stores on April 14th, and an additional 88 coffeehouses across Ohio, Michigan, Pennsylvania, Washington D.C., Maryland, Virginia, Georgia, Illinois and Eastern Wisconsin will be converted to Peet’s Coffee & Tea locations over the next 12 to 18 months.
Going forward, Caribou Coffee will be made up of 468 locations across Minnesota, North Dakota, South Dakota, Western Wisconsin, Iowa, Kansas, North Carolina, Denver, and ten international markets. While the decisions we’ve made have been difficult for our team in Minneapolis, as well as our team members across the country and our guests and fans everywhere, we are working to make this transition as seamless as possible for the Caribou community.
We look forward to continuing to deliver extraordinary experiences to our guests and fans, and thank everyone for their passion and commitment to Caribou. For any questions, please contact 888.CARIBOU.