Originally a coffee bean – not finalcup – vendor , the first branch of what was then Peet ’ s Coffee , Tea & Spices opened in Berkley , California in 1966 . The original owner , Alfred Peet , sold up in 1979 , and the business changed hands a few times before being subsumed by JAB Holding Company in 2012 . Since then , under the JAB umbrella Peet ’ s has acquired Mighty Leaf Tea , Stumptown Coffee Roasters and Intelligentsia , growing to a revenue of $ 800mn .

HTTPS :// WWW . PEETS . COM

The UK ’ s answer to Starbucks ( if you don ’ t count Starbucks , that is ) boasts $ 1.7bn in revenue . Costa has more than 2,200 stores throughout the United Kingdom , with a further 1,280 overseas . Costa Express vending machines are also a common fixture in British shops and petrol stations . In 2017 , it became the first global coffee chain to deliver coffee by drone – to customers sunning themselves on beaches in Dubai .

HTTPS :// WWW . COSTA . CO . UK

76 June 2018