""These closures reflect a broader effort to align our business with long-term growth priorities and current market conditions," O'Brien wrote in an email. "We are deeply grateful to our incredible employees and loyal customers for their continued commitment to the brand. 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.""
"Stephanie O'Brien, a spokesperson for Peet's, confirmed to SFGATE that the cafe located at 2139 C Polk St., in addition to more locations, is expected to close by the end of the month. O'Brien didn't mention how many stores will be affected or the locations of the planned closures. According to DataSF, a San Francisco program for city and county data, Peet's opened its Polk Street outpost in 1993. SFGATE could not reach a store associate for comment regarding a specific closure date."
"Peet's currently has more than 20 coffee shops in San Francisco, but that number could soon drop. Hoodline independently confirmed that the Peet's stores at 919 Cole St. and 2257 Market St. in San Francisco will also close this month. The forthcoming closures come as the coffee chain's parent company JDE Peet's is in the midst of an $18 billion takeover by Keurig Dr Pepper, which is expected to close this year."
Multiple Peet's Coffee locations in San Francisco are scheduled to close by the end of the month, with the Polk Gulch cafe at 2139 C Polk St. among those affected. The company did not disclose the total number or locations of all planned closures. Peet's opened the Polk Street outpost in 1993. Hoodline confirmed additional closures at 919 Cole St. and 2257 Market St. Peet's currently operates more than 20 shops in San Francisco. The closures occur as parent company JDE Peet's undergoes an $18 billion takeover by Keurig Dr Pepper. A spokesperson said closures align business with long-term growth priorities while preserving quality and heritage.
Read at SFGATE
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