Peet’s Coffee closes 5 stores in Orange and Los Angeles counties

Peet’s Coffee closes 5 stores in Orange and Los Angeles counties

Peet’s Coffee recently closed a handful of stores in Orange and Los Angeles counties as part of a broader effort to cut expenses. The news comes after soft drinks giant Keurig Dr Pepper announced it was buying JDE Peet’s, the European parent company of Emeryville-based Peet’s Coffee, for $18 billion. The deal is expected to close by June. In Orange County, Peet’s Coffee locations on El Toro Road in Lake Forest, E. 17th Street in Costa Mesa, and …