Business & Tech
Peet's Coffee Closing Palo Alto Shop, 2 Others On Peninsula
The shops will close their doors within the next week.
PALO ALTO, CA — Peet's Coffee is closing a shop in Palo Alto, along with two others in Menlo Park and Los Altos, the Mercury News reported.
The Palo Alto shop, at 436 University Ave., is closing its doors on Sunday, Nov. 24. Peet's locations at 4598 El Camino Real in Los Altos and 515 El Camino Real in Menlo Park are closing the same day.
“We open and close coffeebars each year for a variety of reasons,” a Peet’s spokeswoman told the Mercury News. “As with any retail business, Peet’s Coffee must keep pace with changing markets to enable healthy growth. While not easy decisions, regional adjustments to our coffeebar presence is important for effectively managing our resources and for accelerating our business.”
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Palo Alto will still have three other Peet's locations, while Menlo Park and Los Altos will have one each.
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