Saddest news of the day: Caribou Coffee announced it is closing all stores in Michigan.

CNN: Caribou Coffee to close 80 stores, rebrand 88 others

Fans of the rustic-themed Caribou coffee shops reacted Monday with dismay, with a certain amount of anger stirred in.

CNN: Caribou Coffee to close 80 stores, rebrand 88 others

Earlier this year company creatives were developing a new logo for Caribou Coffee.

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The international consumer, especially, will be much more prone towards going with an established brand name as opposed to a Dunkin Donuts or Caribou Coffee.

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Going forward, Caribou Coffee will be made up of 468 locations across Minnesota, North Dakota, South Dakota, Western Wisconsin, Iowa, Kansas, North Carolina, Denver, and ten international markets.

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So Caribou Coffee is pulling out of the Chicago market?

CNN: Caribou Coffee to close 80 stores, rebrand 88 others

It's a bitter scenario for competitor Caribou Coffee (nasdaq: CBOU - news - people ), which last month served up a hot public offering of their caffeinated services.

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Caribou Coffee is closing most of their stores!

CNN: Caribou Coffee to close 80 stores, rebrand 88 others