Starbucks plans to buy specialty retailer Teavana for $620 million in cash, in a bid to expand its tea business worldwide. Starbucks already sells tea under its Tazo brand, which generates about $1 ...

The Starbucks-owned Teavana brand is closing down all its storefronts, in what is the latest blow to struggling American malls. Starbucks announced on Thursday that all 379 Teavana stores -- which are ...

NEW YORK (AP) — Starbucks is shutting down its struggling Teavana chain, and relying on customers who spend more on pricier drinks and food to drive up sales at its namesake coffee stores. The company ...

Starbucks is closing Teavana 'tea bars' in NYC, Beverly Hills and says it will focus on providing tea drinks through its Starbucks stores FILE - In this Wednesday, Oct. 23, 2013, file photo, a ...

Starbucks wants to make the tea shop as ubiquitous as its namesake cafes. The Seattle-based company said that it will pay $620 million in cash to buy Teavana Holdings Inc., which sells high-end, loose ...

(Reuters) - Starbucks Corp said on Wednesday it plans to buy tea store chain Teavana Holdings Inc for $620 million, aiming to replicate the success it has had with its namesake coffee shops. Teavana ...

NEW YORK • Starbucks plans to shutter all its Teavana stores, including four in the St. Louis area, as it seeks to improve its financial performance. The company said Thursday it will close all 379 ...