
Starbucks Closing La Boulange Cafes
Starbucks is shutting its 23 La Boulange bakery units, which are mainly found in the San Francisco area. The coffee giant bought the outfit in 2012 for $100 million.
Though La Boulange’s items will still be sold in Starbucks’ units throughout North America, running freestanding stores of the concept was not considered worth it. Seattle-based Starbucks is also closing two distribution plants that supplied the stores with items.