Starbucks to Close All Teavana Stores Over Next Year
Starbucks will shutter its 379 Teavana locations within the coming year after reporting disappointing global sales growth. The move follows a review of the chain and comes as Starbucks sees modest gains at its flagship stores and plans to expand its East China joint venture.
MENTIONED IN THIS ARTICLE
Starbucks
Teavana
New York
U.S
Howard Schultz
Kevin Johnson
Dunkin’ Donuts
McDon
Ald’s
Burger
Johnson
Asia
East China
China
Starbucks Corp
Wall Street
Gene J. Puskar
Pittsburgh
Falling tech stocks pull U S indexes off record highs
U S stock indexes retreated from record highs as technology shares turned lower in the afternoon. The S P 500 slipped 2.41 points to 2475.42 while the Nasdaq fell 40.56 to 6382.19. the Dow rose 85.54 to 21796.55.
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U.S
New York
Standard & Poor
Apple
Microsoft
BMC Software
F5 Networks
Apple ends iPod Nano and Shuffle sales amid smartphone shift
Apple announced the discontinuation of the iPod Nano and iPod Shuffle as it shifts focus to the iPod Touch and iPhone. The company will continue selling the iPod Touch with 128 GB and 32 GB models at 300 and 200 dollars respectively, while noting iPod sales have plunged and no longer detail device figures.
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San Francisco
Apple
Cupertino
California
Devices Gen
New York
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