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DavidsTea co-founder Herschel Segal considers taking chain private
March 08, 2018 - 3:11 PM

MONTREAL - DavidsTea Inc. says its co-founder resigned from its board of directors this week as the company looks to lead a private transaction for the tea chain.
DavidsTea swings to loss on charges but says e-commerce improving
April 19, 2018 - 3:38 PM

MONTREAL - DavidsTea Inc. says it swung to a loss in its last quarter as onerous contract charges and impairments weighed on its balance sheet.
DavidsTea evaluating options, including sale, just two years after going public
December 07, 2017 - 3:11 PM

MONTREAL - Canadian beverage retailer DavidsTea is evaluating strategic options, including a possible sale, and eyeing store closures after a weaker-than-expected third quarter.
DavidsTea reports higher sales in second-quarter as it opens more stores
September 07, 2016 - 2:41 PM

MONTREAL - DavidsTea says it saw sales jump more than 25 per cent in the second quarter as it continued opening new stores as part of its plans to expand.
DavidsTea reports increase in net profit; sales up 22.7% to $75.8M
April 12, 2016 - 2:54 PM

MONTREAL - DavidsTea (Nasdaq:DTEA) says net income almost doubled to $14.8 million in its fiscal 2015 fourth quarter from $7.9 million in the comparable year-earlier period.
David Segal, co-founder of Montreal-based DavidsTea, leaves company
March 21, 2016 - 2:32 PM

MONTREAL - David Segal, a co-founder DavidsTea, has resigned as brand ambassador for the Montreal-based company.
Tea time in North America? Montreal-based DavidsTea steeps its bets in brew boom
February 12, 2016 - 9:03 AM

TORONTO - It's generally considered fashionable to be late to a party. The co-founder of DavidsTea is hoping that when it comes to tea, it's also profitable.
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iN NUMBERS: Beer, wine and spirits in Kamloops, Okanagan
Everyone loves to go on about how great the wine is in the Okanagan, but good ol’ beer and liquor is too often overlooked. Here are some numbers for wine, beer and spirits in Kamloops and the Okanagan: 8,830: Acres of viney

Talks in Pennsylvania are at crunch time over a budget, legalizing marijuana and taxing skill games
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Kelowna strata management firm fined $15K for not doing any managing
A Kelowna strata management company is on the hook $15,000 after it failed to do anything for a property it was managing. According to a June 2 BC Financial Services Authority decision, property manager Robert Tomislav Zivkovic provided &qu

Business News

DavidsTea co-founder Herschel Segal considers taking chain private

DavidsTea swings to loss on charges but says e-commerce improving

DavidsTea evaluating options, including sale, just two years after going public

DavidsTea reports higher sales in second-quarter as it opens more stores

DavidsTea reports increase in net profit; sales up 22.7% to $75.8M

David Segal, co-founder of Montreal-based DavidsTea, leaves company

Tea time in North America? Montreal-based DavidsTea steeps its bets in brew boom

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