Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
MONTREAL, Jan. 07, 2016 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) (the “Company” or “DAVIDsTEA”) is pleased to announce the opening of ten new stores across North America, which will feature DAVIDsTEA’s full line of teas, gifts and accessories, including the new limited edition Feel-Good Collection of wellness-inspired teas.
“We are excited about our ten new store openings, which bring our total store count to 193 locations across North America,” said Sylvain Toutant, President and Chief Executive Officer. “We are thrilled to grow our store base in line with our growth strategy, and bring DAVIDsTEA to both existing fans, as well as new customers.”
DAVIDsTEA’s New Locations
The new Palisades Center in West Nyack, NY, Westfield Oakridge in San Jose, CA, and Niagara Fashion Outlets in Niagara, NY represent the Company’s 35th, 36th and 37th stores to enter the United States market. The Company’s new locations also include seven Canadian openings, namely Complexe Desjardins in Montréal, QC, New Sudbury Center in Sudbury, ON, Station Mall in Sault Ste. Marie, ON, Les Promenades Drummondville in Drummondville, QC, Fairview Park Mall in Kitchener, ON, Quinte Mall in Belleville, ON, and Village Green in Vernon, BC. With the opening of these new stores, DAVIDsTEA will have 156 stores in the Canadian market.
Some Location Highlights
Palisades Center is among the top 10 visited malls in the United States. Home to over 200 stores, this mall is located in West Nyack, NY—part of the Lower Hudson Valley,—and just 18 miles north of New York City.
Niagara Fashion Outlets represents our entry into the Niagara, NY market, and boasts over 200 designer stores and outlet locations.
Station Mall is located in Sault Ste. Marie, ON next to the picturesque St. Mary’s River waterfront. This shopping destination also overlooks Sault Ste. Marie, Michigan. Home to over 86 stores, this location represents a new market for us.
Quinte Mall is Belleville, ON’s premiere shopping destination, offering over 125 stores and services to the Quinte Bay Region of Southern Ontario.
About DAVIDsTEA
DAVIDsTEA is a fast-growing branded beverage company, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. As of January 7, 2016, the Company owned and operated 193 DAVIDsTEA stores throughout the United States and Canada. The Company is headquartered in Montréal, Canada.
Can’t make it to a store? Shop around the clock at davidstea.com
For more information: Kelly McDougald, Corporate Communications Specialist [email protected] 514.739.0006 x 231
