Account Login/Registration

Access KelownaNow using your Facebook account, or by entering your information below.


Facebook


OR


Register

Privacy Policy

DavidsTea closing nearly 100 stores across Canada

It appears the vast majority of DavidsTea locations simply won't reopen after closing due to COVID-19 restrictions.

On Thursday, the Montreal-based company announced it will permanently close 82 stores across Canada and all 42 of its stores in the United States.

The company will also seek to "more favorable" lease terms for the remaining 100 stores in Canada, however, exact locations for closures have not been released.

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.

Last month, the company warned last month that it hadn't paid rent on any of its stores for April, May and June and that it may seek a formal restructuring.



If you get value from KelownaNow and believe local independent media is important to our community we ask that you please consider subscribing to our daily newsletter.

If you appreciate what we do, we ask that you consider supporting our local independent news platform.


Send your comments, news tips, typos, letter to the editor, photos and videos to news@kelownanow.com.




weather-icon
Fri
16℃

weather-icon
Sat
19℃

weather-icon
Sun
15℃

weather-icon
Mon
14℃

weather-icon
Tue
18℃

weather-icon
Wed
18℃

current feed webcam icon

Recent Livestream




Top Stories

Follow Us

Follow us on Instagram Follow us on Twitter Like us on Facebook Follow us on Linkedin Follow us on Youtube Listen on Soundcloud Follow Our TikTok Feed Follow Our RSS Follow Our pinterest Feed
Follow Our Newsletter
Privacy Policy

Quick Links