Caribou Coffee Company will expand its retail and commercial footprint by teaming up with Jewel-Osco, Chicago’s market-leading grocery chain. Announced on 20 August, Caribou Coffee opened its first retail location within Jewel-Osco's Barrington store in mid-August and now plans to introduce two additional coffeehouses in the grocery's Hoffman Estates and Countryside locations. The company also aims to open five additional coffeehouses within Jewel-Osco in 2013. “With the introduction of Caribou's partnership with Jewel-Osco, our goal is to provide Chicagoans convenient access to Caribou's best-in-class, premium coffee products, paired with a comfortable, warm and welcoming coffeehouse setting,” says Mike Tattersfield, President and CEO of Caribou Coffee. “This is a significant partnership for Caribou, as it allows us to expand our distribution in one of our key markets and accelerate Caribou's growth among diverse business units in partnership with Chicago's market-leading grocery chain.” Through this partnership, Caribou will introduce its premium packaged coffee throughout the Supervalu-owned grocery chain, including a broad spectrum of roasts and blends that will provide shoppers with more quality options. As part of its expansion strategy, Caribou Coffee plans to expand among grocery and mass merchandise retailers throughout America. News of the partnership comes after Caribou Coffee opened its 100th international operating location in Istanbul, Turkey in May. Caribou Coffee is the second largest company-owned premium coffeehouse operator in the United States.
Colombian coffee yield up 20 per cent in 2024
Colombian coffee crop will likely yield 13.6 million 60-kilogram bags in 2024, up 20 per cent compared to production last...