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Why Starbucks might have planned to close down its $100 million bakery chain all along | Business Insider

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in June
HAYLEY PETERSON

Starbucks is closing all of its La Boulange bakeries just three years after purchasing the pastry company for $100 million.

The decision came as a shock to some, considering Starbucks had initially planned to expand the 23-store chain to more than 400 locations within five years, according to La Boulange founder Pascal Rigo.

http://www.businessinsider.com/why-starbucks-closed-la-boulange-bakeries-2015-6
 

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