It's Official: You'll Have To Get Your DAVIDsTEA Online For The Foreseeable Future

The company could be closing many stories in North America.
It's Official: You'll Have To Get Your DAVIDsTEA Online For The Foreseeable Future
Jerome Cid | Dreamstime
Contributing Writer

DAVIDsTEA, the tea phenomenon that started here in Montreal, announced on July 8 that it will be closing a significant amount of stores in Canada and the U.S. and move to a more online-focused business model.

The company filed for protection under the Companies' Creditors Arrangement Act (CCAA), which is set up to help companies avoid bankruptcy when they cannot afford to pay their debts.

“

As always, we will continue to brighten your day with positivitea, while providing the customer experience you know and love.

DAVIDsTEA

Although it cannot confirm which stores will be closed, the company says they "may ultimately close a significant number of stores."

Gift cards and their "Frequent Steeper" rewards program will be honoured. 

No products will be lost as a result of the filing.

Via DAVIDsTEA

MontrealNewsNews
  • Gabi Sandler
  • Gabi Sandler

    Contributing Writer

    Gabi Sandler is a contributing writer for MTL Blog. She has a medial degree in Drama and Psychology from Queen's University and a certificate in Public Relations from Ryerson University. With a definite case of the travel bug mixed with the pride and comfort she feels when she's home in Canada, Gabi wants to share her passion for the world with... the world!

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