While Caribou can be shortened to "the bou" and much street cred can be gained therein, certain pockets of population in North Carolina persist in calling it the "bou bou". This has only ostracized these individuals from their local communities. The expression is expected to die out within the year.
The Bou is also the terminology endorsed by employees of Caribou.
Mike: Hey, let's go study at the bou bou after class!
Eric: Don't you know it's just "the bou"? I'm down to study at the bou if you want.