Caribou Coffee to enter Asian markets

Caribou Coffee to enter Asian markets
Tags: Coffee / Specialty Beverages, Franchising & Growth
December 17, 2006

MINNEAPOLIS — Caribou Coffee plans to enter the Asian market and develop a minimum of 25 stores in South Korea over the next five years through a licensing agreement with E & Z Coffee Co.

The first Caribou store is expected to open in Seoul during the first quarter of 2007.

The agreement allows for up to 50 stores over the next 10 years.

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