NOW:53092:USA01012
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01012
27°
H 27° L 27°
Cloudy | 5MPH

Caribou Coffee to close five stores in metro Milwaukee

April 8, 2013

Five Caribou Coffee stores in the metro Milwaukee area, including two in Brookfield, are set to close next Sunday as part of a nationwide paring of the Minneapolis-based chain's locations, the company and employees said Monday.

In all, 80 "underperforming stores" in the U.S. will close on Sunday, the company said in a statement.

According to the company's customer service department and employees, the shops scheduled to close at noon on Sunday include: 12455 W. Capitol Drive, Brookfield; 17385 W. Blue Mound Road, Brookfield; 11104 N. Port Washington Road, Mequon; 6035 Durand Ave., Racine; and 5600 N. Bayshore Drive, Glendale.

Employees said the Caribou Coffee shops at 1980 Meadow Lane in Pewaukee and 418 N. Mayfair Road will remain open.

Caribou was purchased in January by Joh. A. Benckiser Group, a German investment firm, for $340 million. Benckiser also holds a majority stake in Peet's Coffee & Tea Inc. Before the purchase, Caribou reported it had more than 600 shops.

"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," Mike Tattersfield, president and chief executive of Caribou Coffee, said in an emailed statement. "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."

A customer service representative said the five Milwaukee-area stores marked for closing are the only stores in Wisconsin scheduled to be shut down.

Caribou's website shows there are 18 Caribou coffee shops in Wisconsin. Most are in communities west of the Milwaukee area, such as Lake Geneva, Madison and Eau Claire. Information on how many Wisconsin stores Caribou would convert to Peet's wasn't available Monday.

After the closings, Caribou Coffee will be made up of 468 locations across Minnesota, North Dakota, South Dakota, western Wisconsin, Iowa, Kansas, North Carolina, Denver and 10 international markets," the company said.

"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," Tattersfield said.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Westbound I-94 near Miller Park to close for 31 hours beginning Friday night 12/18

» Carran rejects Lisbon job offer; Brown Deer's Janecke accepts 12/18

» Crews clear 2 crashes that closed northbound I-43 Updated:  12/18

» Homestead boys shutout Nicolet in third quarter in 65-30 rout 12/17

» Wolf comes home as Homestead girls hoops team beat Nicolet, 51-41 12/16

» Flu hits hard at Glendale-River Hills School District 12/16

» Man sentenced to prison in optical store fatal shooting Updated:  12/16

» Mequon-Thiensville residents will vote on $18.2 million referendum proposal 12/16

» I-43 reconstruction project approved by feds 12/15

» Shorewood apartments project seeks $5.5 million in village financing Updated:  12/15

» Eisenhower girls beat Shorewood, 50-32 12/12

» River Hills woman killed in driveway accident Updated:  12/12

» Cable firm opening Glendale headquarters 12/5

» Sushi restaurants to open on North Shore: Ginza in Bayside-Fox Point, Kawa in Glendale 12/4

» Mequon lawyer indicted on 33 counts related to fraud, money laundering Updated:  12/3

» Glendale dad gets 41 years for shooting sons during driveway argument Updated:  12/2

» Whitefish Bay appoints village manager 12/2

» Shorewood police chief to retire after 33 years 12/1

» Brown Deer boys hoops team falls to inspired King, 68-52, in opener 11/28

» Wisconsin native killed in robbery attempt on California hiking trail 11/28

» Nicolet tennis court project receives rezoning approval from River Hills 11/21

» The Cheel offers a taste of Nepal in Thiensville 11/21

» Paper will be delayed by holiday 11/19

» Candidates for Lisbon post named 11/18

» Mequon teen ODs on alcohol after chugging gin with Cedarburg girls 11/18

View All Posts Got a tip? Welcome rss

Advertisement

Deal Watch - Milwaukee

Milwaukee's Best Discounts & Deals

Advertisement

Local Business Directory

CONNECT    

Most Popular