LAKE FOREST, CA — A well-known coffee chain has decided to close several locations in Orange County, as Peet’s Coffee has shuttered three shops to reduce operational expenses. This move follows the announcement from Keurig Dr Pepper regarding its acquisition of JDE Peet’s for $18 billion.
In Orange County, the following Peet’s Coffee locations have officially closed their doors:
- Peet’s Coffee Lake Forest, 23700 El Toro Rd. Ste B, Lake Forest.
- Peet’s Coffee Costa Mesa, 424 E 17th St, Costa Mesa.
- Peet’s Coffee San Clemente, 801-B Avenida Talega.
No additional details have been provided at this time.
Key Takeaways
- Peet’s Coffee is closing several locations in Orange County.
- The closures are part of a cost-cutting strategy.
- Keurig Dr Pepper has announced the acquisition of JDE Peet’s for $18 billion.
- Three specific Peet’s Coffee locations have been affected.
- No further information on future plans has been released.
FAQ
Why is Peet’s Coffee closing locations?
The closures are part of an effort to reduce expenses amid a significant corporate acquisition.
Which locations of Peet’s Coffee are closing?
The locations in Lake Forest, Costa Mesa, and San Clemente have been shut down.
What is the value of the JDE Peet’s acquisition by Keurig Dr Pepper?
Keurig Dr Pepper is acquiring JDE Peet’s for $18 billion.
Are there plans for reopening any locations?
No information about reopening or future plans has been released at this time.
What should customers know about the closures?
Customers may need to find alternative locations for their coffee needs, as these specific Peet’s locations are permanently closed.
As Peet’s Coffee navigates changes within its corporate structure, customers will have to adjust to the closure of these familiar spots. Stay tuned for updates on any potential future developments.
