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Peet’s to Close Bay Area Stores by Jan. 30 as Roughly 30 Shutdowns Are Reported

The move follows Keurig Dr Pepper’s $18 billion offer for JDE Peet’s.

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.