Are Peet’s And Starbucks Owned By The Same Company?

In 1987, Baldwin and his starbucks co-investors sold Starbucks to focus on Peet’s Howard Schultz, Starbucks’ new owner, entered into a four-year non-compete agreement in the Bay Area. In 2001, the company was incorporated as Peet’s Coffee and Tea Company and had its initial public offering. Did Starbucks copy Peets? When the first Starbucks opened … Read more

Are Peet’s Coffee And Starbucks The Same?

In 1987, Baldwin and his starbucks co-investors sold Starbucks to focus on Peet’s howard schultz, Starbucks’ new owner, entered into a four-year non-compete agreement in the Bay Area. In 2001, the company was incorporated as Peet’s Coffee and Tea Company and had its initial public offering. Is Peet’s coffee affiliated with Starbucks? Nonetheless SF1 and … Read more