2015 Second 100: Why Peet's is the No. 10 fastest-growing chain

2015 Second 100: Why Peet's is the No. 10 fastest-growing chain

This is part of Nation’s Restaurant News’ annual Second 100 report, a proprietary census ranking restaurant brands Nos. 101-200 by U.S. systemwide sales and other data. This special report focuses on a smaller, more growth-oriented universe than the Top 100 report.

Peet’s Coffee & Tea saw a 20-percent increase in domestic systemwide sales driven mostly by improved unit economics as it just opened a net 12 units, ending the year with 238 locations, an increase of 5.3 percent. Estimated sales per unit were up by nearly 10 percent to $975,000.

The relatively slow growth in unit openings came a year after the Emeryville, Calif.-based chain absorbed 88 Caribou Cof

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish