Peet's Coffee & Tea is a chain of coffee and tea stores with the same corporate parent as Caribou Coffee. In 2013 it was announced that the Caribou location in Ann Arbor at the corner of Stadium and Packard would close, be remodeled, and reopen as a Peet's.

http://www.annarbor.com/business-review/ann-arbors-caribou-coffee-will-be-converted-to-peets-coffee-tea/

In June 2015, Peet's was replaced by Black Diesel Coffee.

http://www.secondwavemedia.com/concentrate/devnews/blackdieselcoffeeannarbor0330.aspx