Starbucks to close all 379 Teavana locations
Ray Downs, United Press International Writer SEATTLE (UPI) -- Starbucks announced it will close all 379 of its Teavana locations after the tea shop showed poor sales and little hope of improving. "Following a strategic review of the Teavana store business, the company concluded that despite efforts to reverse the trend through creative merchandising and new store designs, the underperformance was likely to continue," Starbucks said in a press release disclosing its earnings. The closures are expected to affect more than 3,000 employees […]
