Here’s Why the President of Peet’s Coffee Is Betting on Cold Drinks

Published by
The Street

By Veronika Bondarenko Eric Lauterbach of Peet’s Coffee talked to TheStreet about expanding to the Middle East and the cold drinks market. Since the pandemic, almost every coffee chain has had to navigate the push-and-pull between online demand and consumers who missed going to the cafe. Around since 1966 and now owned by the larger JDE Peet’s (JDEPY) , San Francisco-based Peet’s Coffee has been seeing strong demand for consumer products but is also on an expansion course with physical cafes. Its first Middle Eastern location opened in Dubai Mall this week. “We see a good coffee market in term…

Read More