In 1987, Baldwin and his starbucks co-investors sold Starbucks to focus on Peet’s Howard Schultz, Starbucks’ new owner, entered into a four-year non-compete agreement in the Bay Area. In 2001, the company was incorporated as Peet’s Coffee and Tea Company and had its initial public offering. Did Starbucks copy Peets? When the first Starbucks opened … Read more
A full 8oz mug of black coffee will have something between 50 and 200mg of caffeine, depending on the brand. The same mug filled with Vietnamese coffee tops the list with 265mg of caffeine Is Vietnamese coffee stronger than regular coffee? The main difference between Vietnamese coffee and regular coffee is that Vietnamese coffee tends … Read more
Peet’s Coffee & Tea Inc., the Bay Area-based cafe chain, is going private for $977.6 million – but it’s not being sold to Starbucks , its giant Seattle rival. Instead, German conglomerate Joh. A. Benckiser will shell out $73.50 a share to buy the emeryville company, paying a 29% premium on Friday’s $57.16 closing price. … Read more