Popular Coffee Chain Closing Several Stores Across Bay Area: Report

BERKELEY, CA — Peet's Coffee is getting ready to close dozens of stores across the Bay Area, according to a report from the San Francisco Chronicle.

A spokesperson at Peet's Coffee confirmed the closures to the Chronicle and said they reflected a "broader effort to align our business with long-term growth priorities and current market conditions."

Many locations are set to close by the end of the month, including two in San Francisco, according to the report. Peet's Coffee managers who spoke with San Francisco Chronicle reporters said about 30 Bay Area shops were expected to close, including one in Cole Valley and another in the Castro.

The move comes months after another coffee chain, Starbucks, announced it would be closing dozens of stores across California, including 43 in the Bay Area.

The first Peet's Coffee opened in 1966 in Berkeley. It has since expanded into 250 Peet's Coffee stores nationwide, with the majority located in California. Today, the company is headquartered in Emeryville.

Read more from the San Francisco Chronicle.