SECOND CUP BUYS U.S. CHAIN
By Adnews Staff
The Second Cup Ltd. of Toronto doubled the number of its outlets in North America last Month to 470. The specialty coffee retailer bought Gloria Jean's Gourmet Coffees from Brothers Gourmet Coffees Inc. of Boca Raton, Florida for $30 million(US). The Second Cup plans on opening over 80 units per year in its newly combined operation. Currently Gloria Jean's operates 225 coffee stores in the U.S., 90% of them franchise-owned.
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