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Bob Evans to sell off 145-unit Mimi's Café for $50 million
Columbus, Ohio – Bob Evans Farms said Tuesday it will divest its Mimi’s Café restaurant chain, selling it to LeDuff America – owner of Bruegger’s Bagels – for $50 million.
LeDuff America, a subsidiary of French bakery conglomerate Groupe LeDuff SA, will add the 145 Mimi’s units to its current portfolio of café-bakeries and coffee shops, including La Madeleine Country French Cafe, Brioche Doree, Bruegger's Bagels, Timothy's Coffee and Michel's Baguette.
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Starbucks targeting drive-thru format for growth in U.S.
New York -- Starbucks Corp. is expanding its drive-thru format, the chain said in its first-quarter earnings call. According to company officials, more than half of the approximate 1,500 new locations it plans to open in the United States during the next five years will be drive-thrus.
Starbucks plans to remodel about 1,400 U.S. locations in 2013. Roughly 500 of those locations will receive a major overhaul.