Michaels Pulls Line of Coffee Products Made by Former CEO’s Romantic Partner
Shopping baskets sit stacked at a Michaels store in Chicago.
Photographer: Christopher Dilts/BloombergMichaels Cos. is trying to rid its shelves of a line of coffee products launched by a romantic partner of its former CEO as the arts and crafts retailer tries to move past a corporate ethics scandal that ensnared multiple chains over more than a decade.
Incredibrew, a company founded by Chandra Holt that sells coffee pods infused with vitamins and supplements like collagen and melatonin, appears to have been pulled from Michaels’ website. Now it’s being discontinued at some stores, and heavily discounted at at least one location in order to move the products off the shelves faster, according to people familiar with the products who were not authorized to speak publicly on the matter.