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 ...

While coffee giant Starbucks shows no signs of slowing down, the company recently announced its plans to close down all of its Teavana storefronts. Teavana, a loose-leaf tea company which was ...

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(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 ...

When Starbucks announced its agreement to acquire the 300-unit Teavana retail tea brand in November for $620 million, the coffeehouse giant’s chief executive Howard Schultz pledged to “do for tea what ...