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Some Caribou Coffee shops in Wisconsin to close


UNDATED (WSAU)  Hundreds of people in southeast Wisconsin will have to find some other place to get their Morning Joe. Caribou Coffee said yesterday it would close 80 under-performing stores throughout the U-S next Sunday – and 88 other Caribou locations would be converted to Peet’s Coffee-and-Tea shops over the next 12-to-18 months. Some of those conversions would be in eastern Wisconsin, although Caribou did not say where.

A customer service official said five Caribous in the Milwaukee area will be the only ones in Wisconsin to close on Sunday. Two coffee-houses in Brookfield will shut down, along with shops in Glendale, Mequon, and Racine. Caribou will pull out of the Chicago market completely.

A German investment firm bought Caribou Coffee in January for $340-million. Before then, the Minneapolis-based Caribou had around 600 locations. After the closings, it will have 468 shops – including more than a dozen in the Badger State.