Starbucks to close all Teavana stores by spring 2018
Publishing timestamp: 2017-07-27 21:19:33
Summary
Starbucks will close all 379 Teavana locations by spring 2018 due to underperformance in mall stores. Analysts believe the closure may be a positive move, and Starbucks plans to focus on selling Teavana branded beverages through its Starbucks stores.
Sentiment: NEGATIVE
Tickers: SBUX,
Keywords: business news, starbucks corp, retail industry, restaurants,
Source: https://www.cnbc.com/2017/07/27/starbucks-to-close-all-teavana-stores-by-spring-2018.html