Go Peet’s!

Alameda’s very own Peet’s 🙂 appears to be weathering the recent downturn fairly well. Contrast their recent earnings report to Starsucks closing 600 of their stores!

The company said the rise was partly due to strong growth in its grocery and wholesale business. Peet’s has been expanding by selling its coffee in more grocery stores around the country. Grocery sales jumped 27 percent. Revenue at its retail stores, meanwhile, rose 13 percent, mainly from sales at new locations.

And in other Peet’s related news:

Peet’s new roastery in Alameda, on the bay’s shore right at the northern tip of the main Oakland Airport runway, was awarded LEED gold certification, an unusual honor for a factory.

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