Borders has filed a motion to keep the details of its separation agreement from Seattle’s Best Coffee under seal. According to the motion, public disclosure about the details of the deal could hurt both SBC and Borders. Borders confirmed that it will not use SBC in its going forward stores.
According to Borders, terminating the agreement will help it lower the cost of operating a café. The change, Borders said in a statement, “will allow Borders to operate its own café program, enabling us to reduce the licensing fees we pay, generate significant cost savings, and boost cafe profitability. The change will also provide us with the opportunity to tailor menu items and the café experience based on our customers’ preferences.”
