Caribou Coffee continues rebranding process in Pittsburgh
Caribou Coffee locations in Pittsburgh, PA are the latest example of the ongoing transition from Caribou to Peet's Coffee and Tea brands. Four Caribou stores will close imminently and reopen as Peet's in a few weeks' time. They are part of 88 nationwide stores that will be rebranded through 2014. That's on top of 80 locations that recently shut down. Following the shakeup, more than 610 Caribou Coffee stores will still remain open, with almost half of them in Minnesota, where the company was founded more than 20 years ago. A German investment firm purchased both Caribou and Peet's within the last 12 months.