Starbucks Closing Teavana Is A Long-Term Troubling Sign For Investors
Adam Hartung
JULY 31, 2017
In 2013, Starbucks claimed that teas drinks were among the fastest-growing drinks at Starbucks cafes. They expected to open more Teavana stores. On July 27 Starbucks announced that it was closing all 379 of its Teavana stores. Can Starbucks do anything well other than open new stores?
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