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Caribou Coffee has 282 franchised outlets across nine international markets, including Kuwait, Bahrain, Qatar, Saudi Arabia, Turkey and the United Arab Emirates. [19] In 2019, John Butcher replaced Sarah Spiegel as CEO. [20] On August 5, 2021, Caribou announced that it had merged with Panera Bread and Einstein Bros. Bagels to form Panera Brands.
Reuters, citing anonymous sources, reported last week that parent company Panera Brands is looking to offload Caribou Coffee and its handful of bagel chains—Einstein Bros. Bagels, Bruegger's ...
In 2014, Einstein Noah Restaurant Group was acquired by JAB Holding Company and BDT Capital Partners. [10] On August 5, 2021, Einstein Bros. announced that it had merged with Panera Bread and Caribou Coffee to form Panera Brands. [2]
In April 2017, JAB reached an agreement to buy U.S.-based Panera Bread, a fast casual bakery-café chain, for $7.5 billion. [23] Also in April, JAB was reported to be stepping back from investment in luxury goods, with reported plans to sell its stakes in the designer shoe and clothing brands Jimmy Choo, Bally, and Belstaff. [12]
Then, in 2021 Caribou was added to a Panera corporate umbrella, which includes Panera Bread and Einstein Bros. Bagels. Today, Caribou has 812 locations in 11 countries.
Caribou Coffee is a brand under Panera Brands company, which includes Panera Bread and Einstein Bros. Manna Development Group, a Panera Breads franchisee operating 165 of the bakery-cafes in 10 ...
Panera Bread is an American chain of bakery-café fast casual restaurants with over 2,000 locations, all of which are in the United States and Canada. Its headquarters are in Sunset Hills, Missouri. The chain operates as Saint Louis Bread Company in the Greater St. Louis area, where it has over 100 locations. [6]
Caribou Coffee is returning to metro Detroit with a new stand-alone location in Ferndale, one planned for Allen Park and more in metro Detroit.
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