Around the Net
Starbucks Bids Adieu To La Boulange
- San Francisco Chronicle, Wednesday, June 17, 2015 8 AM
Starbucks is pulling the plug on its upscale baker chain La Boulange. Stating that the bakery cafes “are not sustainable for the company’s long-term growth,” Starbucks announced it would close all 23 La Boulange stores in the Bay Area by the end of September. Starbucks paid $100 million to acquire La Boulange three years ago, and began offering La Boulange baked goods at Starbucks locations.
