Starbucks Corporation (NASDAQ:SBUX) reported on Wednesday that it aims to purchase tea store chain Teavana Holdings, Inc. (NYSE:TEA) for $620M, intending to replicate the success it has had with its namesake coffee shops. Teavana has about 300 shopping mall stores which sell loose-leaf, exotic teas. In adding up to opening stand-alone Teavana stores in the […]
