DAVIDsTEA Enters Canadian Grocery Market With Loblaw Partnership
14 Août 2018 - 2:30PM
DAVIDsTEA Inc. (Nasdaq:DTEA) is pleased to announce the
introduction of some of its iconic flavours in tea sachets at
select Loblaw Companies Limited (TSX:L) banner locations across
Canada. Products are expected to start hitting the shelves in the
coming weeks.
“We are excited to leverage our strong brand awareness to reach
new customers in the grocery aisle through this partnership with
Loblaw, the nation’s leading food retailer. Among our wide variety
of over 130 high-quality teas, this is an opportunity for new
customers to discover some of our popular blends in tea sachet
format at their local grocery store, while also providing added
convenience to our existing loyal customers,” said Herschel Segal,
Executive Chairman and Interim CEO of DAVIDsTEA.
Once fully launched, DAVIDsTEA Sachet Packs of 15 will be
available in a wide range of Loblaw banner locations including:
Loblaws® Ontario, Independent® in Ontario, Western Canada and
Atlantic Canada, Zehrs ®, Valu-Mart®, Atlantic Superstore®,
Dominion®, Provigo® and Fortinos®.
The initial selection of DAVIDsTEA Sachet Packs of 15 will
represent some of the company’s best sellers and customer
favourites, including Buddha’s Blend, Cinnamon Rooibos Chai
(Organic), Cold 911 (Organic), Cream of Earl Grey (Organic), Detox
(Organic), Forever Nuts, Green Passionfruit, Just Peachy, Mother’s
Little Helper (Organic) and Peppermint Amour (Organic).
About DAVIDsTEADAVIDsTEA is a retailer of
specialty tea, offering a differentiated selection of over 130
proprietary loose-leaf teas, pre-packaged teas, tea sachets and
tea-related gifts, accessories and food and beverages, primarily
through 240 company-operated DAVIDsTEA stores throughout Canada and
the United States as of May 5, 2018, and its website,
davidstea.com. The Company is headquartered in Montréal,
Canada.
Investor ContactMaisonBrison
CommunicationsPierre Boucher514-731-0000investors@davidstea.com
Media ContactLyla RadmanovichPELICAN
PR514-845-8763media@rppelican.ca
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/3678ad6a-3ae2-4c01-ad40-9395ec357b24
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