Peet’s Coffee will shutter a number of San Francisco stores by the end of January.
The Berkeley-born company has not said how many or which locations will close. However, The Standard confirmed with store employees that the locations at 2257 Market St. in the Castro and 2139 Polk St. in Polk Gulch will close by Jan. 31.
The S.F. Chronicle reported (opens in new tab) that the Cole Valley location at 919 Cole St. will also close; employees there declined to comment to The Standard.
Peet’s, founded in 1966, said it remains committed to its quality and heritage “while embracing new opportunities to innovate and grow.” The brand is part of JDE Peet’s, the world’s largest publicly traded coffee company, which in the U.S. also includes Mighty Leaf, Stumptown, and Intelligentsia Coffee.
Last week, global beverage conglomerate Keurig Dr. Pepper announced an all-cash $18 billion takeover bid (opens in new tab) of JDE Peet’s. The deal, which is set to close in the second quarter, would involve splitting the merged entity into two public companies: one focused on coffee and one on Dr. Pepper and other beverages.
“Peet’s has made the difficult decision to close a number of Peet’s Coffee locations by the end of January 2026,” the company said Tuesday. “These closures reflect a broader effort to align our business with long-term growth priorities and current market conditions.”
Peet’s has more than 280 U.S. locations, according to its website (opens in new tab), including 135 in the greater Bay Area, by far its biggest market.