DAVIDsTEA Inc. (DTEA) to Implement Restructuring Plan Under CCAA

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DAVIDsTEA to Implement Restructuring Plan Under Companies’ Creditors Arrangement Act

July 8, 2020 8:30 AM EDT

Company to accelerate transition to online retailing and wholesale distribution in North AmericaIntends to significantly reduce brick & mortar footprintDAVIDsTEAs online business at www.davidstea.com and sales in grocery stores and pharmacies across Canada will continue during the restructuring process

MONTREAL, July 08, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (DAVIDsTEA or the Company), a leading tea... More