Peet's Coffee is closing outlets in Southern California [Los Angeles Times (CA)]
Keurig Dr Pepper Inc. (KDP)
Last keurig dr pepper inc. earnings: 4/27 04:10 pm
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Source: Los Angeles Times
The closures follow Keurig Dr Pepper's $18-billion takeover of parent company JDE Peet's, with the company citing long-term growth priorities and market conditions. Unionized workers claim management failed legal obligations to bargain over closures, pushing for larger severance packages and transfers to other locations with open positions. Peet's Coffee plans to shutter some stores, including at least two in Southern California, by the end of January. A Peet's spokesperson said in an email that the closures were a “difficult decision” and “reflect a broader effort to align our business with long-term growth priorities and current market conditions.” Workers at the Manhattan Beach and Redondo Beach Peet's locations confirmed that their stores are closing, with Friday as the last day of operations. Many locations in the San Francisco Bay Area are slated for closure. The news comes after American beverage firm Keurig Dr Pepper announced it was buying JDE Peet's, the Europea
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KDP
News
- Keurig Dr Pepper Declares Quarterly DividendPR Newswire
- Starbucks rival's workers raise concerns after closures [Yahoo! Finance]Yahoo! Finance
- Keurig Dr Pepper (KDP): Reshaping Beverages with Global Coffee Expansion [Yahoo! Finance]Yahoo! Finance
- Hard times for Peet's coffee revolution [Los Angeles Times (CA)]Los Angeles Times
- The fight to keep a mountaintop fire tower staffed [Los Angeles Times (CA)]Los Angeles Times
KDP
Earnings
- 10/27/25 - In-Line
KDP
Sec Filings
- 2/4/26 - Form 8-K
- 1/8/26 - Form SCHEDULE
- 12/19/25 - Form 8-K
- KDP's page on the SEC website