But before Starbucks, before Dunkin’ Donuts, before K-Cups, there was one coffee joint that started the American specialty coffee industry as we know it today: Peet’s Coffee. Started in California in 1966 , Peet’s served up a new kind of coffee to the american customer, fresh, dark-roasted coffee beans. Who was first Peet’s coffee or … Read more
There are 236 Peet’s locations nationwide and 10 Stumptown Coffee Roasters spots. Peet’s is owned by German conglomerate Joh. A. Benckiser , which also owns Labelux, a luxury goods company that owns Jimmy Choo and Bally. Is Peet’s coffee owned by Starbucks? Nonetheless SF1 and SF2 still didn’t want to expand the concept. Starbucks bought … 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
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
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. Is … Read more
Peet’s was one of the first coffee bean and brewed coffee retailers to offer specialty grade coffee , and to roast the beans longer, producing a liquor that is darker, more bitter, with less of the sour taste of the coffees offered in the US at the time. What is unique about Peet’s coffee? The … Read more