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DAVIDsTEA Inc V.DTEA

Alternate Symbol(s):  DTEAF

DAVIDsTEA Inc. is a Canada-based company, which offers a specialty branded selection of loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts through its e-commerce platform at www.davidstea.com and the Amazon Marketplace. Its wholesale customers, which include over 3,800 grocery stores and pharmacies, and 18 Company-owned stores across Canada. Its geographic segments include Canada and the U.S. The Company offers primarily tea blends, as well as traditional single-origin teas and herbs. It provides various types of tea, including herbal tea, green, black, white, matcha, rooibos, oolong, Pu'erh and mate. Its tea-related accessories include teapots, teacups, large cups and cups Nordic, travel cups and cups, infusers and other accessories. It offers autumn teas, iced teas, favorites, teas from garden to cup, classic teas, lunch teas, vegan teas and others. It offers teas by flavor, including chai, pumpkin, chocolate, vanilla, mint and others.


TSXV:DTEA - Post by User

Post by stockfyon Nov 20, 2023 8:36am
77 Views
Post# 35743933

DTEA: Further expansion in the U.S. and major deal with UNFI

DTEA: Further expansion in the U.S. and major deal with UNFIExpansion in the U.S. continues for DTEA, so based on today's news:

1) DTEA recently launched four flavours of premium tea sachets at 150 Stop & Shop supermarket stores of the 400-plus locations in the northeastern U.S. This regional chain of grocery stores operates throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey.

2) DTEA recently introduced five flavours at Roche Bros. supermarkets. This family-owned business operates in 20 locations across Massachusetts.

3) Earlier this year, DTEA signed a distribution agreement with United Natural Foods, Inc. (UNFI), a wholesale distributor of healthy and specialty foods in the U.S. and Canada. UNFI supplies more than 30,000 locations throughout North America including natural product superstores, independent retailers, conventional supermarket chains, and food service customers.


See the news:

https://www.globenewswire.com/news-release/2023/11/20/2783099/0/en/DAVIDsTEA-Expands-Wholesale-Channel-into-U-S.html#:~:text=(TSX%2DVenture%3A%20DTEA),locations%20in%20the%20northeastern%20U.S.




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