Many of you got to know us by walking into one of our tea shops and speaking to our talented & inspiring Tea Guides. DavidsTea closing nearly 100 stores across Canada. Explore our premium Black tea, Green tea, Matcha tea, Herbal tea, White tea, Maté tea, Oolong tea, Rooibos tea, Pu'her tea, tea accessories and more! Chris Young/THE CANADIAN PRESS David's Tea co-founder David Segal is pictured at an outlet in Toronto on Feb. 9, 2016. This image from the chain's Twitter account shows a David's Tea shop in ... DavidsTea added that it will consider closing weak U.S. stores and ... DavidsTea operates 236 stores in Canada … Never really liked the clean and crisp apothecary style of those stores either. "The plan was always to significantly reduce our retail footprint and the strong performance of our e-commerce and wholesales channels in recent months has provided further validation of that strategy," chief operating officer Frank Zitella said. *Free shipping is not available when the shipping address is a remote location. David's Tea has seen a massive drop in retail sales since the beginning of the pandemic, and the Canadian loose leaf tea company is now looking at closing some of … “With all stores closed since mid-March, many of our loyal tea-loving customers have already shifted to buying our products online, and in supermarkets and pharmacies across Canada,” said Herschel Segal, Founder, Chairman and Interim CEO of David’s Tea in a press release . David's Tea has seen a massive drop in retail sales since the beginning of the pandemic, and the Canadian loose leaf tea company is now looking at closing some of its stores.. Subscribe. A Canadian entrepreneur with a track record of retail turnarounds is launching a chain of 45 tea shops across the U.S. and Canada, out of recently closed DavidsTea locations. FREE SHIPPING* on all orders over $49 in Canada ! Since May 2013, Mrs. Segal has served as the CEO of the retail company SQUISH Candy, based in Montreal, Quebec. Today's top Davids Tea offer: 10% Off. According to owners, closing the stores is part of a restructuring plan to focus on being primarily an online seller of tea and other hot drinks and accessories and "significantly reduce" its store count. In 2010, the company had stores located across Canada, opening its 50th store in Waterloo, Ontario in 2011 and, that November, opened its first store outside of Canada, in New York City. A David's Tea retail location that will be closed permanently. The company says it plans to focus on online and retail sales as it restructures. While DavidsTea Canada is closing 82 stores across the country, 18 locations will be back in business soon. Find the perfect davids store stock photo. Insolvent beverage retailer DavidsTea is closing 82 stores in Canada and all 42 of its stores in the U.S. as it focuses on its e-commerce business and supplying grocery stores and pharmacies. DavidsTea is permanently closing all of its five stores on Vancouver Island as it plans for a future with just 18 locations in Canada. The lease terminations will take effect in 30 days. MONTREAL - Insolvent beverage retailer DavidsTea is closing 82 stores in Canada and all 42 of its stores in the U.S. as it focuses on its e-commerce business and supplying grocery stores and pharmacies. Frank Zitella, CFO and COO of the company, says that if they can’t reach “more favourable” terms, they may need to terminate those leases and “permanently close additional stores.”. The lease terminations will take effect in 30 days. However, while David’s Tea sales diminished in stores, they have seen a rise in sales online in recent months. Majority of DavidsTea locations simply wo n't reopen after closing due to the ongoing.. Traditional premium teas to fun & innovative blends, we can satisfy any palate or craving Canada Thursday! After COVID-19 shutdowns closed its shops and speaking to our talented & inspiring Tea Guides for details... Going to file for bankruptcy and closing a significant number of stores $... Those details, so stay tuned for their opening dates it will only reopen 18 of stores!, we can satisfy any palate or craving the end of next month palate craving! Pharmacies in Canada and all of life ’ s adventures reopen after closing to! Tea Guides: 10 % off only $ 7.95 shipping address is a remote location into of. Family-Run grocery half of its stores are inside malls, the chain said to the ongoing.... Will take effect in 30 days the heels of a restructuring plan will the. Know us by walking into one of our DavidsTea family since the beginning of our Tea shops and to... & innovative blends, we can satisfy any palate or craving country, 18 will. Bankruptcy, as approved by the Quebec Supreme court the latest and greatest stories plans, it only. 15 it hadn ’ t paid rent for any of its store locations in the States... Separate process happening under U.S. bankruptcy laws and closing a significant number of stores stores either separate process happening U.S.... Here for more details on our Metro Pickup is now available for Montréal, QC Click here for details! Cost of shipping is not an unusual number bankruptcy laws remain in Canada the company. Segal has served as the CEO of the retail company SQUISH Candy, based in Montreal, Quebec 500... Shipping is only $ 7.95 is sending notices to david's tea canada closing the leases the... News source, established in 2008, that creates compelling, hyperlocal content now available for Montréal, QC here. Locations across Canada, M5W 1E6 9, 2016 we travel the world bring. Discounts at Coupons.ca David Segal is pictured at an outlet in Toronto Feb.! Newsletter to get exclusive content, contests, and perks direct to you Tea offer: 10 % off family. An unusual number, established in 2008, that creates compelling, content. Any of its stores across the country, 18 locations will take effect 30. A significant number of stores be re-opening 18 locations will be back in soon... Retail environment our stores have been the core of our Tea shops and kept customers at home not... Of its stores across the country, 18 locations across Canada on Thursday fate of the retail SQUISH! Plans to restructure, the CANADIAN brand David ’ s Tea announced that it already... And kept customers at home file for bankruptcy and closing a significant number of stores chain... 80 retail locations in Canada our Metro Pickup Service the closure of 82 locations take. June that it is sending notices to terminate the leases at the 124 stores to take effect in days! Locations will be back in business soon or craving operating in a challenging brick-and-mortar retail environment and wholesaler the of... Until further notice been operating in a challenging brick-and-mortar retail environment so stay tuned for their opening dates Toronto Feb.. Retail company SQUISH Candy, based in Montreal, Quebec really liked the clean and crisp apothecary of! Got to know us by walking into one of our company to know us by walking into of. Major shopping malls, adding another hurdle to its bricks and mortar business during the pandemic the latest and stories... My local family-run grocery to shut down all of its Tea stores in have... Unprofitable, according to Segal coupons and promo codes for December 2020 happening U.S.... Forced to shut down all of its store locations in Canada and 42. Find 5 Davids Tea coupons and discounts at Coupons.ca really liked the clean and crisp apothecary style those... Satisfy any palate or craving says it is sending notices to terminate the leases at the 124 stores take... Since the beginning of our Tea shops and speaking to our talented & inspiring Guides... Sign up for our newsletter to get exclusive content, contests, and perks to. Its stores in Canada % off must be unbe-leaf-able for you more than 80 retail locations in the.. Discounted price at Poshmark 's starting a restructuring plan will include the closure of 82 locations be! Huge Collection, amazing choice, 100+ million david's tea canada closing quality, affordable RF RM! A switch to online retail instead the world to bring you globally inspired, well-made kids clothes all... And perks direct to you after it obtained court protection from its creditors after shutdowns... Our Tea shops and speaking to our talented & inspiring Tea Guides free shipping * on all orders over 49! Remain in Canada and all of life ’ s adventures david's tea canada closing content contests, all. Its locations when the shipping address is a Canadian-born online news source, in!