Content about Peet's Coffee & Tea

April 9, 2013

Caribou Coffee will close some 80 stores nationwide and turn 88 other locations into Peet's over the next 12 to 18 months, the Chicago Tribune reported.

New York -- Caribou Coffee will close some 80 stores nationwide and turn 88 other locations into Peet's over the next 12 to 18 months, the Chicago Tribune reported.

Caribou, which is based in Minneapolis, went private this year in a $340 million deal with German investment firm Joh. A. Benckiser Group (JAB), which also owns Peet’s.  

July 24, 2012

Coffee retailer Peet's Coffee & Tea said it is being taken private for approximately $977.6 million.

Emeryville, Calif. -- Coffee retailer Peet's Coffee & Tea said it is being taken private for approximately $977.6 million.
 
German conglomerate Joh. A. Benckiser – a minority stakeholder in an international coffee and tea company D.E. Master Blenders 1753 – will reportedly pay a premium $73.50 per share, putting the deal’s total value at nearly $1 billion.

March 1, 2010

Peet’s Coffee & Tea has extended for a second time its offer to buy Irvine,...

January 17, 2010

Store-within-a-store concepts are expected to grow this year as retailers report success with the collaborations....

October 27, 2009

Peet's Coffee & Tea reported Wednesday its third-quarter net income was $2.5 million, up from...

July 30, 2008

Starbucks Corp. posted its first quarterly loss as a public company on Wednesday and said...

October 2, 2005

Berkeley, Calif., Specialty...

October 2, 2005

Berkeley, Calif., Specialty...