Overview
- The company confirmed multiple Bay Area store closures by the end of January but has not released a full list or exact count.
- San Francisco locations at 919 Cole St. and 2257 Market St. set Jan. 30 as their final day, and the Polk Street cafe at 2139 C Polk St. is also expected to close this month.
- Store managers said roughly 30 Bay Area shops are slated to shutter, a figure the company has not confirmed.
- Local reporting indicates the retrenchment extends beyond Northern California, with closures also reported in the greater Chicago area.
- The shake-up tracks with Keurig Dr Pepper’s $18 billion all-cash bid for JDE Peet’s, which Reuters reports is expected to close in the second quarter alongside plans to split into separate coffee and beverage companies.