Peet's Coffee & Tea, which plans to open 16 shops in the Chicago area in the coming months, still has a long way to go to compete with Starbucks. Despite losing market share to smaller coffee chains since its peak of 88.9 percent in 2008, Starbucks still dominates the specialty coffee shop chain landscape in the U.S.
U.S. MARKET SHARE OF SPECIALTY COFFEE SHOP CHAINS IN 2013
MARKET SHARE CHANGE SINCE 2004
Upcoming Peet's Coffee and Tea locations in the Chicago area Opening this fall and winter
SOURCES: Euromonitor, Peet's Coffee and Tea