Monday, June 4, 2012

Starbucks buys San Francisco's La Boulange bakery chain - San Jose Mercury News

Congrats to the fine folks at La Boulange. It's my favorite coffee and breakfast place in San Francisco.

Starbucks buys San Francisco's La Boulange bakery chain - San Jose Mercury News:
"Starbucks said Monday it is buying La Boulange Bakery owner Bay Bread for $100 million in cash in a deal that is its biggest move yet outside coffee and takes direct aim at what long has been seen as the company's biggest weakness: food.
The world's biggest coffee chain said its first priority is to roll out La Boulange croissants, pastries, cookies and other food in its own stores. It also intends to build the 19-cafe San Francisco operator into a national chain."