Starbucks plans to close all 23 La Boulange stores as well as two manufacturing facilities just three years after buying the bakery chain, the company announced Tuesday.
“Based on our ongoing evaluations, Starbucks has determined La Boulange stores are not sustainable for the company’s long-term growth,” the company said in a press release.
The coffee retailer said that food sales will remain a key element of the company’s offerings, and Starbucks stores will continue to sell food products marketed with La Boulange branding.
Starbucks plans to close the stores by September. Employees will be treated with the “utmost care,” with some receiving offers to move to other Starbucks locations, the press release said.
Go Inside Starbucks' Wild New 'Willy Wonka Factory of Coffee'
More Must-Reads from TIME
- Why Trump’s Message Worked on Latino Men
- What Trump’s Win Could Mean for Housing
- The 100 Must-Read Books of 2024
- Sleep Doctors Share the 1 Tip That’s Changed Their Lives
- Column: Let’s Bring Back Romance
- What It’s Like to Have Long COVID As a Kid
- FX’s Say Nothing Is the Must-Watch Political Thriller of 2024
- Merle Bombardieri Is Helping People Make the Baby Decision
Write to Justin Worland at justin.worland@time.com