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MONTREAL, April 12, 2016 -- DAVIDsTEA Inc. (NASDAQ:DTEA) (the “Company” or “DAVIDsTEA”) is pleased to announce the opening of two new North American stores: CrossIron Mills, AB, and Freehold Raceway Mall, NJ, featuring DAVIDsTEA’s full line of teas, gifts and accessories.
“We are excited to expand our network of locations to better serve the needs of these North American markets,” said Sylvain Toutant, President and Chief Executive Officer. “The opening of CrossIron Mills and Freehold Raceway Mall reflects our continued focus on growing our store base in both Canada and the U.S. We are thrilled to continue to build the brand by offering our experience to both new and existing fans in these communities.”
DAVIDsTEA’s New Locations
The opening of CrossIron Mills in Calgary, AB complements an existing network of 8 DAVIDsTEA locations to serve the Calgary market. Showcasing over 200 premium brands, CrossIron Mills is a 1.4 million square foot shopping center and Alberta’s largest one-level retail destination. CrossIron Mills joins as the Company’s 158th store in Canada.
Freehold Raceway Mall represents the second DAVIDsTEA store to open in the state of New Jersey. Located in Freehold, in a 1.6 million square foot shopping destination of over 200 stores, our store will cater to the Central Jersey community. Freehold Raceway Mall is the 37th location to open in the United States.
The opening of these two locations will bring the Company’s total store count to 195 locations across North America.
About DAVIDsTEA
DAVIDsTEA is a fast-growing retailer of specialty tea, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. As of April 12, 2016, the Company owned and operated 195 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
