10 Facts About Tully's Coffee

1.

Tully's Coffee is an American specialty coffee manufacturing brand owned by Keurig Dr Pepper, which acquired the Tully's brand and wholesale business in 2009.

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2.

Tully's Coffee opened its first store in Kent, Washington in September 1992.

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3.

Tully's Coffee had franchisees and grocery chain coffee shops in the U S and Asia.

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4.

Tully's Coffee opened its first Japanese outlet in Ginza, Tokyo in 1997.

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5.

Tully's Coffee sold a portfolio of intellectual property to TCJ in August 2005 for over $13 million, and TCJ was acquired by the Japanese tea maker Ito En in 2006.

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6.

Tully's Coffee pursued alternative sources of capital and pursued all strategic investment or sale opportunities as a result.

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7.

Tully's Coffee retained all retail rights for North America, and all wholesale and retail rights for the balance of the world, excluding Japan.

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8.

At the time of the filing Tully's Coffee had recently closed or was about to close 17 unprofitable company-owned stores.

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9.

Later that month, many Tully's Coffee locations remained closed with eviction notices posted by landlords indicating the lack of payment.

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10.

Tully's Coffee was officially closed when Keurig and Global Baristas entered a permanent injunction in September 2018.

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