Post by
stockfy on Nov 20, 2023 8:36am
DTEA: Further expansion in the U.S. and major deal with UNFI
Expansion 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.