Less than a year and a half after opening up retail stores throughout Ohio, Peet’s Coffee & Tea has announced it’s shuttering all in-state locations, as well as all outlets in Michigan and Pennsylvania.
Today is the last day for business.
“After nearly an 18-month assessment of our Ohio, Michigan and Pennsylvania markets, we are closing the remaining stores and ending our retail presence in these areas to focus on our top-performing markets,” a Peet’s press release said. “These store closures include the remaining six in Ohio, two in Michigan and three in Pennsylvania as they have not performed to our expectations.”
Store baristas told Scene they weren’t given much information on the sudden closure, citing only “financial reasons,” though we wonder if it has something to do with the boatload of free coffee they gave away in October.
The press release said employees will receive six weeks of pay and benefits through the end of January.
The Public Square and Lakewood locations will be serving up hot drinks until 9 p.m. today.
This article appears in Dec 10-16, 2014.

They should have never bought and messed Carbou Coffee…
Their coffee is awful. It’s like battery acid.
They didn’t buy Caribou. A third party bought both coffee shops.
Kudos to them for 6 weeks severance over the holidays. If they needed to close, at least they did right by their employees
no one can compete wih starbucks right now…
I’m in northern California and there’s one on every corner. The midwestern business model is something they weren’t ready for.