Have you been to Teavana lately? Foodbeast reports that the Starbucks company has decided to close all 379 Teavana stores due to lack of performance. All the stores will be closed by spring 2018 and 3, 300 employees will have a chance to apply at Starbucks stores.
Teavana is a retail brand and storefront is found mainly in shopping malls and in a five year span they have acquired for $620 million. Starbucks is pulling the plug because it just wasn’t enough foot traffic and Starbucks thinks they can grow in other ways!
Lucky for us, we can still purchase Teavana tea at Starbucks!