DTEA News and Press, DAVIDsTEA Inc. From 07/30/20

DAVIDsTEA plans to reopen 18 Canadian stores under new, more favourable lease terms DAVIDsTEA to focus on its expanding online business at www.davidstea.com and sales in grocery stores and pharmacies across Canada Exiting 82 remaining Canadian stores Execution of bus...

MONTREAL, July 20, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced on June 5, 2020 that it is availing itself of the 45-day blanket extension granted by the Canadia...

MONTREAL, July 16, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces that the Québec Superior Court today issued an Amended and Restated Initial Order extending to Se...

Cimarex Energy (XEC), Kelly Services (KELYA), Wave Life Sciences (WVE), Chico's FAS (CHS), and David's Tea (DTEA) have all been downgraded this week, so tread carefully. Investors far and wide are discussing whether we might have reached the end of a surprising bull market. The market might...

Pursuant to the CCAA ((Canada)) from the Quebec Superior Court to implement its restructuring plan, DAVIDsTEA (NASDAQ: DTEA ) to terminate leases for 82 stores in Canada and all 42 stores in the U.S. More news on: DAVIDsTEA Inc., Consumer stocks news, Stocks on the move, Read more ... ...

Closing 82 Canadian stores and seeking more favorable lease terms for remaining stores in Canada Exiting all 42 U.S. stores to focus on expanding successful e-commerce sales DAVIDsTEA’s online business at www.davidstea.com and sales in grocery stores and pharmacies acro...

MONTREAL, July 08, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces that it has obtained an Initial Order pursuant to the Companies’ Creditors Arrangement Act (t...

DAVIDsTEA ( DTEA -16.4% ) accelerates its transition to online retailing and wholesale distribution in North America through a restructuring plan to return to profitability.   More news on: DAVIDsTEA Inc., Stocks on the move, Consumer stocks news, Read more ...

Company to accelerate transition to online retailing and wholesale distribution in North America Intends to significantly reduce brick & mortar footprint DAVIDsTEA’s online business at www.davidstea.com and sales in grocery stores and pharmacies across Canada wil...

DAVIDsTEA ( DTEA -9.2% ) reported  Q4  revenue decrease of 11.6% Y/Y to $73.5M and comparable store sales declined 17.3%. More news on: DAVIDsTEA Inc., Consumer stocks news, Stocks on the move, Read more ...