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Dan Streicher Hannah Harris Scott Musolf
Group Members Dan Streicher Hannah Harris Scott Musolf
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Table of Contents History and Overview of Caribou Coffee
Caribou and their Competition Caribou’s Target Market Products Caribou Offers Caribou Going Green!
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Caribou Coffee Chairman- Gary Graves CFO- Timothy Hennessy
President and CEO- Michael Tattersfield Ex. President of A&W and Yum
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Overview and History Incorporated in 1992
-Started in Edina Minnesota, by the Puckets -Sold to Crescent Capital for 120 Mil. -Today there are over 6,000 employee’s working in almost 500 company owned stores -2nd Largest Gourmet Coffee House in the World
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Caribou and their Competitors
Caribou competes in Specialty Eateries, Restaurants and Cafés, Beverages, Coffee and Tea -Top Competitors to Caribou in these Categories 1. Dunn Bro’s Coffee Franchising Inc. -Based out of Minneapolis MN 2. Nestle’ S.A. - Based out of Vevey Vaud. 3. Starbuck’s Corp. - Based out of Seattle Wash.
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Caribou’s Target Market
Women ages 24-54 Income generally exceeds $44,000 With some College Education Target Market Demographics Vary Per Location! -Caribou Coffee has over 100 stores overseas
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Products Caribou Offers
Coffee Espresso Drinks -Lattes, Cappuccinos, and Mochas Tea Baked Goods -Bagels, Muffins, Scones, and Cookies Non Alcoholic Beverages -Smoothies
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Caribou Going Green Caribou Coffee believes in Going Green by working with the Rainforest Alliance and is also associated with Project 7 Caribou produces environmentally friendly coffee Caribou offers reusable products such as: -Reusable heater sleeves -Reusable coffee bean bags
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