Analyst: Starbucks eyeing Peet's

With Kraft dispute, Peet's could become distribution partner

With both Starbucks and Kraft Foods Inc. publicly citing irreconcilable differences in their 12-year distribution agreement, an analyst report speculated that the coffeehouse giant may soon be courting a new partner, such as Peet’s Coffee & Tea. In a report issued Tuesday, Steve West, an analyst with Stifel Nicolaus, saw Emeryville, Calif.-based Peet’s Coffee as a possible new partner for Starbucks’ bagged coffee distribution — though he notes no knowledge of ...

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