Caribou Coffee Closing In Ohio

Rumors running rampant on the Internet are partially true: Caribou Coffee locations in Ohio will close. 

Some locations, however, will reopen as Peet's Coffee & Tea locations, marking the company's entrance into the Ohio market.

It's unclear right now the future of the Solon location on Kruse Drive and whether it will re-open as a Peet's. Solon Patch will keep you updated.

An employee at the Avon Caribou Coffee location told Patch that they learned on April 5 via conference call that all Ohio locations will close down, although some will re-open as a Peet’s Coffee & Tea locations.

Caribou has locations in Tower City, Avon, Lakewood, Westlake, Beachwood and Rocky River and others in the Cleveland area. According to Caribou Coffee’s website, there are 32 locations in Ohio.

Employees in Illinois have taken to Facebook to say several of that state's locations would also close and reopen as Peet's.

In December of 2012, German conglomerate Joh. A. Benckiser Group said it would be buying the publicly traded Minneapolis-based Caribou Coffee Co. for $340 million. Earlier in the year it bought Peet’s Coffee & Tea for $1 billion.

Peet’s Coffee was founded in Berkeley, CA, and is now headquartered in Emeryville, CA. The bulk of its stores are located in California. The company also maintains stores in Colorado, Illinois, Massachusetts, Oregon and Washington state.