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Coffee Shoppe
Posted On: 12/09/2012 6:37:05 PM
Post# of 63824
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Posted By: wowhappens28
Re: PoemStone #1108

Starbucks made an interesting acquisition last month, Teavana.  I looked at it hard, but the one in the Mall of America close to where I live had little traffic. The had free samples, but no place to sit down and drink.  I think the stock was around $20 when I first looked at it.  It went down to $10 and in November Starbucks made a deal to buy them for a little over $15.  I have read where Starbucks will sell some of their upscale Tea's at their Starbucks.  I'm not sure they bade a good buy, but maybe they have plans to remodel the free standing Teavana stores.


http://www.bizjournals.com/triangle/news/2012...?ana=yfcpc


http://stockcharts.com/h-sc/ui?s=TEA&p=D&...4735269894


http://images.search.yahoo.com/images/view?p=...fp-t-701-1


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