CARIBOU COFFEE TO MERGE WITH COFFEE EXCHANGE.DETROIT--(BUSINESS WIRE)--Sept. 11, 1995--Minneapolis-based Caribou Coffee Caribou Coffee is a specialty coffee retailer, the second largest in the U.S.[2] Caribou concentrates on selling gourmet coffees, teas, and bakery goods in over 464 coffeehouses in 18 states. announced today that it will merge with The Coffee Exchange, a Detroit-based coffee company with four retail locations in the greater Detroit metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. . All four Coffee Exchange locations will be converted to Caribou Caribou, town, United States Caribou (kâr`ĭb  ), town (1990 pop. 9,415), Aroostook co., NE Maine, on the Aroostook River; inc. 1859. coffeehouses by the end of November 1995. All Coffee Exchange employees will be retained. "Caribou is the new generation of coffeehouses. It's much more than a place to run into for an excellent cup of coffee. Our comfortable seating and casual environment make Caribou a great place for the whole neighborhood to gather," said John Puckett, Caribou Coffee's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder. "All the great neighborhoods in Detroit make this a perfect market for us." Coffee Exchange has coffeehouses in Birmingham, Rochester, Royal Oak and West Bloomfield West Bloomfield can refer to several places in the United States:
"This is a tremendous opportunity for Coffee Exchange employees," said Georgia Nadhir of Coffee Exchange. "Caribou Coffee is a national gourmet coffee retailer with expansion plans not only here in Michigan but also in other states. This merger provides many new opportunities for our employees to grow and be a part of this exciting company." Caribou Coffee, founded in December, 1992 by John and Kim Puckett, currently has 37 neighborhood coffeehouses in Minnesota, Georgia, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and Michigan and plans to have more than 50 coffeehouses in four states by the end of the year. Caribou freshly roasts more than 20 blends of arabica a·rab·i·ca n. 1. a. A species of coffee, Coffea arabica, originating in Ethiopia and widely cultivated for its high-quality, commercially valuable seeds. b. The beanlike seed of this plant. 2. coffees and delivers its coffee beans to each store two to three times a week to ensure freshness. In addition to its outstanding beverages, Caribou offers a full line of whole bean coffees, bulk teas, bakery products and branded merchandise. CONTACT: Caribou Coffee, Minneapolis Barry Judge 612/359-2734 or Mona Meyer McGrath & Gavin/Shandwick Eric Pehle 612/832-5000 |
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