Comments on:

Starbucks has a new caffeine addiction: tea

Back to the article » |
NEW YORK (AP) — Starbucks wants to make the tea shop as ubiquitous as its namesake cafes. The Seattle-based company said Wednesday that it will pay $620 million in cash to buy Teavana Holdings Inc., which sells high-end loose leaf teas in 300 shopping mall locations. The plan is to grow Teavana's footprint beyond the suburban mall with stand-alone shops around the world, while adding tea bars...

To learn more about commenting on and our community guidelines, please see our comments FAQ.