"The Castro is losing its second major coffee shop in four months, with the popular Market Street location of Peet's set to close later this month, and more Peet's locations are also getting axed. There was a time not long ago when the Castro neighborhood was dealing with a glut of coffeeshops, with a new one seemingly opening every month."
"But now, in early 2026, the neighborhood is living without its once popular Starbucks on 18th Street nicknamed Bearbucks which closed in September. And news just arrived via Hoodline that Peet's Coffee is shuttering its longtime shop at 2257 Market Street. The move comes as Peet's, which ceased to be an independent company in 2012 when it was acquired by German conglomerate JAB Holding, is being traded once more."
The Market Street Peet's Coffee in the Castro will close by the end of January, marking the neighborhood's second major coffee-shop loss in four months after the 18th Street Starbucks closure in September. Peet's has undergone multiple ownership changes, including acquisition by JAB Holding in 2012, merging into JDE Peet's, and being acquired by Keurig Dr. Pepper last year. KDP cited cost synergies and a disruptive legacy and is closing roughly 30 local Peet's stores, including locations in the Castro and Cole Valley (919 Cole Street). Additional closure locations will be announced in the coming days.
Read at sfist.com
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