Is Peet’s Coffee Owned By Starbucks?

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

Is Peet’s Coffee Made By Starbucks?

Starbucks bought out alfred peet and, for a time, Starbucks owns both Peet’s and Starbucks All Peet’s locations were, for a time, folded into Starbucks. How is Peet’s coffee different from Starbucks? Unlike Starbucks’ more fast-paced, coffee-on-the-run atmosphere, Peet’s focus is on customers leisurely enjoying their coffee in-cafe Flavor-wise, Peet’s coffee features a more typical … Read more

Where Do Most Coffee Shops Get Their Beans?

Most retail coffee shops order their coffee beans through a wholesale coffee roaster However, wholesale coffee roasters can also have retail coffee shop locations too. Wholesale coffee roasters sell their roasted coffee at wholesale prices to other coffee shops. Where do Starbucks get their coffee beans? Naturally, Starbucks sources arabica coffee from three key growing … Read more