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Bad News for Diedrich Coffee House lovers
Quote:
California-based Diedrich Coffee has agreed to sell most of its company-owned stores to Starbucks Corporation for approximately $13.5 million in order to focus on its wholesale business.
The move will see Starbucks acquire 47 Diedrich Coffee and Coffee People outlets, although Diedrich will retain the brands for its wholesale and franchise operations, including Gloria Jean's Coffees.
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Not much more story here
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