IRVINE Calif. Diedrich Coffee Inc. has agreed to sell the domestic franchise operations for the Gloria Jean’s Coffees brand for $3.1 million to Praise International North America Inc., the U.S. master franchisee for the brand. The company said Monday that the transaction is expected to close within 60 days. It is part of an ongoing strategy by Diedrich Coffee to focus exclusively on the expansion of its specialty coffee wholesale business, officials with the Irvine, Calif.-based ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?