DAVIDsTEA Expands Presence With Rexall Pharmacies

by Shivani Kumaresan, Benzinga Staff Writer

September 9, 2021 3:49 PM | 1 min read | Make a Comment

DAVIDsTEA Inc. DTEA has expanded the availability of its tea sachets, pre-packs, and samplers in over 110 Rexall pharmacies, a Canadian drugstore operator.
DAVIDsTEA has expanded its presence from 5 to 46 Rexall locations in Central Canada since June, following a pilot launched in March of this year.
About 69 more locations are being added in Rexall stores in Canada this September.
The partnership provides an opportunity to speak directly to customers and distribute educational marketing materials about the benefits of tea to Canadians.
Price Action: DTEA shares are trading lower by 1.14% at $3.47 on the last check Thursday.

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