Starbucks rival Peet's Coffee permanently closes dozens of locations

A 60-year-old specialty coffee chain shutters multiple locations amid its parent company's takeover and a disturbing consumer trend.
Los Angeles Times

Peet’s Coffee parent company sold for $18 billion to Keurig Dr. Pepper

A new coffee giant could be brewing. The American beverage firm Keurig Dr Pepper plans to buy JDE Peet’s, the European parent company of California’s gourmet coffee trailblazer, Peet’s Coffee, in an ...
The Daily Record (Maryland)

Keurig Dr Pepper to split after $18B Peet’s Coffee deal

Keurig Dr Pepper will buy the owner of Peet’s Coffee in an $18 billion (15.7 billion euro) deal, then break itself in two, with one company selling coffee and the other selling cold beverages like ...