Caribou Coffee is out, Peets is in

Caribou Coffee may be leaving Dayton, but new owners will take over the stores and continue to serve coffee and tea.

Last week, the national chain announced closure of approximately 80 stores in Georgia, Illinois, Michigan, Pennsylvania, Washington D. C. and Ohio.

Sunday, five Caribou stores closed in the Cincinnati area. However, 2 locations locally at 5839 Far Hills Ave at Swiss Village in Kettering and 45 Plum Street at The Greene in Beavercreek will become Peets Coffee and Tea.

The reason given for the closures is corporate wide cost cutting.

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