Peet’s Coffee, a Bay Area staple for over 60 years that began with a coffee shop near UC Berkeley, announced that it will close several locations across the region by the end of January.
The company did not specify how many locations were set to close, but a Peet’s spokesperson explained that the closures were due to “a broader effort to align our business with long-term growth priorities.”
“Peet’s has made the difficult decision to close a number of Peet’s Coffee locations by the end of January 2026,” the statement from the Peet’s Coffee spokesperson reads. “As we move forward, we remain dedicated to the quality, craftsmanship, and heritage that have defined Peet’s for the past 60 years, while embracing new opportunities to innovate and grow.”
The San Francisco Chronicle is reporting that the company is expected to close about 30 locations across the company’s 183 Bay Area shops. The closures appear to extend beyond California and the Bay Area, as Evanston Round Table reported that the company planned to shutter an Evanston, Illinois location, which is about 30 minutes north of Chicago, also by the end of the month.
The sudden closures follow the recent news that Keurig Dr. Pepper would be making an $18 billion public cash offer to purchase Peet’s Coffee’s parent company in order to separate the business into two independent companies.
One company will focus on the “refreshment beverages market,” and the other company will focus on being a “global coffee leader” serving and selling coffee across more than 100 countries.
It’s unclear at this time if the company plans to close any additional Peet’s Coffee locations across the U.S. or what plans it may have due to the recent takeover announcement.
Noe Padilla is a Northern California Reporter for USA Today. Contact him at npadilla@usatodayco.com, follow him on X @1NoePadilla or on Bluesky @noepadilla.bsky.social. Sign up for the TODAY Californian newsletter or follow us on Facebook at TODAY Californian.