Coffee Industry News: January 24, 2026

Peet’s Coffee to Close Up to 30 Locations

Pioneering brand **Peet’s Coffee** will close up to 30 locations as early as the end of January 2026. The announcement follows Keurig Dr Pepper’s US$18bn all-cash offer for JDE Peet’s, set to close in Q2 2026 and create a standalone Global Coffee Co. challenging Nestlé’s dominance. (Perfect Daily Grind, 23 January 2026, https://perfectdailygrind.com/2026/01/coffee-news-recap-23-january-2026/)

Barista Coffee Expands Vending Machines 10-Fold

**Barista Coffee** targets 900 stores by 2030, focusing on tier-II and III towns in India, after opening its 500th cafe in Patna. The company plans a 10-fold growth in coffee vending machines, from 500 to 5,000 units over five years, driven by institutional demand. (Outlook Business, 1 January 2026, https://www.outlookbusiness.com/corporate/barista-coffee-targets-900-stores-by-2030-eyes-tier-ii-iii-towns-for-growth)

Coffee Prices Rise on London and New York Exchanges

**Robusta London** futures surged, with March 2026 contracts up $106 to $4,132 per tonne and May up $93 to $4,036 per tonne. **Arabica New York** followed similar gains amid global market pressures, while domestic Vietnamese prices dipped slightly after recent peaks. (YouTube transcript reference excluded per policy; based on market update context January 24, 2026)

Indonesia Aims for Global Coffee Hub Status

Indonesia’s Minister for Trade Budi Santoso announced plans to position the nation as a world **coffee hub**, following the inauguration of the Asian Trade, Tourism, and Economics Council in Jakarta. (Global Coffee Report, 23 January 2026, https://www.gcrmag.com)

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