Peet’s Coffee & Tea, Inc. (Peet’s) is a specialty coffee roaster and marketer of roasted coffee and tea. The Company sells its Peet’s brand coffee and tea through multiple channels of distribution, including grocery stores, home delivery, office, restaurant and foodservice accounts and, in six states, Company-owned and operated stores. In addition, it sells Godiva Chocolatier brand coffees in its grocery channel. The Company operates its business through two segments: retail and specialty. As of January 1, 2012, it operated 196 retail stores in six states, through which it sells whole bean coffee, beverages and pastries, tea, and other related items. In October 2012, the Company was acquired by Joh. A. Benckiser.