Starbucks to acquire specialty retailer Teavana
date:Nov 15, 2012
-based stores and add a high-profile neighborhood store concept to expand its presence in markets across North America and around the world.

Teavana, in partnership with Starbucks' existing joint venture partner Alshaya, has recently opened its first store in the Middle East and plans to foray into new, high-consumption tea markets globally in future.

Starbucks chairman, president and CEO Howard Schultz said: Teavana's world-class tea authority, coupled with the romance and theater of the reta
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