April 9, 2013 12:47 PM by Smash
Chicago Tribune – Caribou Coffee is quitting Illinois, while Peet’s Coffee & Tea will be gaining a foothold in Chicago.
Minneapolis-based Caribou, taken private this year in a $340 million deal with Joh. A. Benckiser, said Monday that it will close 80 locations nationwide Sunday and turn 88 others into Peet’s over the next 12 to 18 months. The German investment firm bought Peet’s last summer for $974 million.
Known as JAB, the holding company also owns a variety of personal care products such as Calgon, Durex and Air Wick, as well as fashion brands including Derek Lam and Jimmy Choo.
Down goes Frazier! Lawlz, just kidding. Who didn’t see this coming? I don’t think I’ve ever heard someone say they wanted to stop in Caribou for some coffee. Hell, every time I’ve seen people in the one around the block from me, people don’t even have coffee, they’re just on their computers.
I’ve said it once and I’ll say it a million more times: I’m a Dunkin guy all day every day. I’m no coffee snob, hell I barely ever buy it, but when I do, I’m drinkin Dunkin. You’re probably thinking “how much did they pay you to say that?” Nothing. That’s just what true fans do. They support their team no matter what.
In all honesty, I get that there are hipster small coffee shops and what not but those and delis aside, it’s Dunkin and Starbucks. I seriously think that’s it, right?