"Peet's Coffee plans to shutter some stores, including at least two in Southern California, by the end of January. A Peet's spokesperson said in an email that the closures were a "difficult decision" and "reflect a broader effort to align our business with long-term growth priorities and current market conditions." Workers at the Manhattan Beach and Redondo Beach Peet's locations confirmed that their stores are closing, with Friday as the last day of operations."
"Peet's Coffee is closing at least two Southern California locations by month's end as part of a broader store realignment affecting 27 of 283 locations nationwide. The closures follow Keurig Dr Pepper's $18-billion takeover of parent company JDE Peet's, with the company citing long-term growth priorities and market conditions. Unionized workers claim management failed legal obligations to bargain over closures, pushing for larger severance packages and transfers to other locations with open positions."
Peet's Coffee will close several stores nationwide, including at least two Southern California locations, by the end of January. A company spokesperson called the closures a "difficult decision" and said they "reflect a broader effort to align our business with long-term growth priorities and current market conditions." Many locations in the San Francisco Bay Area are slated for closure. The closures follow Keurig Dr Pepper's $18-billion takeover of parent company JDE Peet's. Unionized workers said management did not meet legal obligations to bargain over impacts and sought larger severance packages and transfers to other stores. Union representatives have met with management for negotiations.
Read at Los Angeles Times
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