There they go again. Peet’s is shuttering more stores. The R Street corridor store in Sacramento, CA closed in October. Stores in Palo Alto (University Ave), Los Altos (El Camino), and Menlo Park (El Camino) are closing on 11/24. It is not known if... — read more
Layoffs are in process today at Peet’s home office in Emeryville. Peet’s had a challenging 2017. Their owner, JAB, is known for driving profits. Sadly some really good people are losing their jobs as a result of corporate greed. The company did a lot... — read more
Employees are being sacked in every department from IT to Operations. People with over 10 years and entire teams are being let go today.
Peet’s Coffee & Tea CEO Patrick O’Dea has told his employees the company wasn’t shopping itself around to potential suitors. Joh. A. Benckiser just made an unsolicited offer Peet’s board couldn’t refuse. “The company was not for sale. JAB made an... — read more