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.