DavidsTea Expands Agreement With Loblaw Companies

by Shivani Kumaresan, Benzinga Staff Writer

October 19, 2021 2:19 PM | 1 min read | Make a Comment

DavidsTea Inc DTEA has expanded its agreement with Loblaw Companies Limited LBLCF to extend its product offerings across the Atlantic provinces, Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia.
"DAVIDsTEA is excited to further strengthen its relationship with Canada's food and pharmacy leader, allowing us to offer our customers access to an even broader selection of our high-quality teas," said CEO Sarah Segal.
DavidsTea noted select products are available in over 1,250 Loblaw grocery and pharmacy storefronts across Canada.
DavidsTea has added an assortment of flavors in loose-leaf tins and fruity matcha single-serves to Loblaw's existing assortment of sachet product selection.
Price Action: DTEA shares are trading higher by 1.61% at $3.465 on the last check Tuesday.

Posted In: News Penny Stocks Contracts Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.