Teavana is a specialty retailer of premium loose-leaf teas, authentic artisanal teawares, and other tea-related merchandise. Teavana offers more than 100 varieties of premium loose-leaf teas, teawares such as handcrafted cast-iron, clay and ceramic tea pots, and other tea-related merchandise through 179 company-owned stores in 36 states and 18 franchised stores primarily in Mexico, as well as through the company's website.
The company offers new tea enthusiasts and tea connoisseurs alike its "Heaven of Tea" retail experience where passionate and knowledgeable "teaologists" engage and educate them about the ritual and enjoyment of tea. Stores also offer free samples of tea.
The company's principal executive offices and store support center are located in Atlanta, GA.
Teavana was founded in 1997 by Chairman and Chief Executive Officer Andrew Mack, and his wife, Nancy Mack, who were inspired by their international travels and passion for tea. Their vision was to introduce consumers to the global tea lifestyle, highlighting the aromas, textures, tastes and healthful qualities of loose-leaf teas, while enlightening them on the origin of each tea.
The company plans to open 50 new stores this year and also stores in the Middle East in 2012.
Teavana went public on the NY Stock Exchange in July 2011 at the price of $17 per share.
Updated December 12, 2011