October 26, 2020 Breaking News, Latest News, and Videos

Coffee Bean Close Handful of Locations Across Santa Monica and Westside

Company says it is evaluating store portfolio

By Toi Creel

Grabbed a cup from a Coffee Bean & Tea Leaf franchise recently? Well maybe not lately as locations of the coffee shop have been closing across the Westside.

On March 16, the franchise announced a temporary closure of some stores and reduced hours for others due to coronavirus concerns. Among Coffee Bean locations to close include franchises on Beverly Drive in Beverly Hills, Santa Monica Boulevard and Beverly Glen Boulevard and 9th street and Wilshire Boulevard in Santa Monica and Federal Avenue and Wilshire Boulevard. Currently, there is a Coffee Bean on the Third Street Promenade that remains open.

According to a recent Los Angeles Times article, Jollibee Foods Corp., a restaurant company out of the Philippines, “spent $350 million to buy the money-losing Coffee Bean & Tea Leaf.”

In statement, Coffee Bean & Tea Leaf told the Santa Monica Mirror that is is evaluating its store portfolio.

“As we look to the future of The Coffee Bean & Tea Leaf, to help ensure our overall financial health and continue to provide the best possible experience our Guests have come to appreciate, we have made the difficult decision to close a number of our company-owned store locations. Over the next three months, The Coffee Bean & Tea Leaf will continue to evaluate our store portfolio in California and Arizona and additional stores may be closed,” reads the statement.

Related Posts

Santa Monica School Board Approves Purchases $21 Million Building

October 25, 2020

October 25, 2020

Santa Monica Malibu School Board votes 6-1 to purchase office building at 1717 4th Street By Toi Creel The Santa...

City Council Endorsements: Santa Monica Needs a Change

October 22, 2020

October 22, 2020

Santa Monica City Council endorsements from the Santa Monica Mirror The following are two endorsement articles from Santa Monica Mirror...

Crime in Santa Monica Is Declining: Santa Monica Beat – October, 22, 2020

October 22, 2020

October 22, 2020

Local news and culture in under 5 minutes. * Crime in Santa Monica Is Declining * 335 Homeless Residents Housed...

Forma Expanding to Main Street: Westside Food Scene

October 22, 2020

October 22, 2020

Westside Food Scene October 22, 2020 By Kerry Slater Forma Expanding to Main Street Popular Santa Monica Italian restaurant Forma...

California Supreme Court to Hear Santa Monica Voting Rights Case

October 22, 2020

October 22, 2020

Court to rule on future of at-large elections in Santa Monica By Sam Catanzaro The California Supreme Court will determine...

Edify TV: National Greasy Food Day on the Westside

October 22, 2020

October 22, 2020

October 25 is National Greasy Foods Day. Here are a handful of Westside eateries offering delicious, greasy comfort food in...

Can You Make Tiramisu?

October 21, 2020

October 21, 2020

Learn the most important ingredients to create this classic dessert in this video with Sinners and Saints, brought to you...

LA County Says Younger Adults and Teenagers Are Driving COVID-19 Cases

October 20, 2020

October 20, 2020

68 percent of new cases among people between ages of 12 and 50 By Sam Catanzaro Los Angeles County health...

Santa Monica Has Issued Over 40 Face Covering Citations

October 20, 2020

October 20, 2020

City expanding COVID-19 compliance efforts with the addition of “Health Ambassadors”  By Sam Catanzaro The City of Santa Monica says...

Grand Jury Indicts Former Angel Employee in Tyler Skaggs’ Fatal Overdose

October 19, 2020

October 19, 2020

Fort Wayne grand jury indicts Eric Prescott Kay on drug distribution and drug conspiracy charges By Sam Catanzaro A federal...

YogaWorks Studios Closing Amid Pandemic: Santa Monica Beat – October, 19, 2020

October 19, 2020

October 19, 2020

Local news and culture in under 5 minutes. * YogaWorks Studios Closing Amid Pandemic * Carjacking Suspects in Custody All...

Edify TV: More Bike Lanes for Westside

October 19, 2020

October 19, 2020

A Westside city is adding more miles of protected bike lanes. Learn more in this video made possible by Santa...

Outgoing Santa Monica Police Chief Set to Receive Nearly $100K of Severance Pay

October 19, 2020

October 19, 2020

Santa Monica City Council approves retirement agreement for outgoing chief Cynthia Renaud By Sam Catanzaro Santa Monica’s outgoing police chief...

Intravenous Vitamin Therapy: A Natural, Effective Solution for the Flu

October 19, 2020

October 19, 2020

By Dr. Mahboubeh Hashemi, ND and Dr. Matthew Cavaiola, ND  As fall and winter are fast approaching, many people, and...