Starbucks rolls out packaged Teavana while Peet’s Coffee expands ready-to-drink presence[...]
The company announced Tuesday that it is launching Teavana packaged tea in stores by this summer.[...]
SEATTLE — Starbucks Coffee Co. is launching Teavana packaged tea in grocery stores beginning this summer. The six premium tea sachet varieties are inspired by popular Teavana blends and include Youthberry, a citrus-berry white tea blend with mango, orange, hibiscus and rose petals; Peach Tranquility, featuring peach and tropical fruit with notes of lemon, verbena and chamomile; Citrus Lavender, wh[...]
One of the proposed side effects of Starbucks’ $384 million Tazo sale to Unilever last November was the company’s decision to turn focus to Teavana. Starbucks said at the time that its tea business was growing double-digits globally, and that the company was “well on its way to building the Teavana business to over $3 billion over the next five years.”[...]


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