NEW YORK Is the economy endangering the coffee run? Caribou Coffee Inc. and Tim Hortons Inc. both cited less frequent visits by customers in explaining the dips they posted Friday in U.S. same-store sales for the third quarter. At the same time, Caribou Coffee indicated that sales of whole beans and ground coffees via various retail channels were strong, suggesting that coffeehouse fans may be brewing more at home during this recessionary time.Starbucks Corp., the largest coffeehouse ...
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Contact: Desiree Torres Desiree.Torres@penton.com