DAVIDsTEA Inc. Continues Store Expansion, Opening Three New Stores in Canada

Galeries de Granby, Carrefour Richelieu and Devonshire Mall are the Latest Shopping Centres to Join the Loose Leaf Tea Revolution


MONTREAL, Sept. 3, 2015 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) is pleased to announce the opening of three new stores this weekend, marking the Company's 138th, 139th, and 140th Canadian stores.

The new Granby store, along with the St-Jean-sur-Richelieu store, and Devonshire store in southwest Ontario, will feature DAVIDsTEA's full line of teas, gifts and accessories, including its new autumn-inspired Fall Collection.

"We are very excited about our three upcoming Canadian store openings, which will be located in several dynamic cities and local neighbourhoods," said Sylvain Toutant, President and Chief Executive Officer. "These store openings, combined with our 12 additional chain-wide openings so far this year, bring our total store count to 165. We are thrilled to continue to grow the brand and pursue our store expansion by offering the DAVIDsTEA experience to existing fans, as well as new customers in these areas."

The Company's new locations year-to-date include openings in the United States, such as Keystone Fashion Mall in Indianapolis, IN and Derby Street in Hingham, MA, as well as DIX30 in Brossard, QC; Morgan Crossing in Surrey, BC; Lambton Mall in Sarnia ON, and Toronto Eaton Centre in Toronto, ON in Canada.

Get to know our new locations

Galeries de Granby is home to over 100 stores. Located near Granby Zoo—a popular family attraction—this mall is part of Quebec's Eastern Townships region, just a short drive east of Montréal.

Boasting over 90 shops, Carrefour Richelieu is located only 30 minutes from the Montréal area near the Vermont border.

Devonshire Mall features over 175 shops and is close to Windsor International Airport. This location is across the river from Detroit, MI, and is a new market for us.

About DAVIDsTEA

DAVIDsTEA is a fast-growing branded beverage company, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. As of August 1, 2015, the Company owned and operated 165 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



            

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