Overview
- Peet’s confirmed it will close multiple Bay Area cafes by the end of January but has not released a full list or total.
- Managers and company statements indicate roughly 30 regional shutdowns, with San Francisco’s Cole Valley, Castro, and Polk Street stores closing, and some sites already closed.
- Coverage points to the footprint reduction extending beyond California, including a reported closure in Evanston, Illinois this month.
- Workers and a local union describe abrupt notices, emotional strain, and limited or unavailable transfers after the announcements.
- The timeline aligns with Keurig Dr Pepper’s $18 billion offer for JDE Peet’s, expected to close this year with a planned split into separate coffee and beverage businesses.