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===Teavana=== Starbucks entered the tea business in 1999 when it acquired the [[Tazo]] brand for {{currency|amount=8100000|code=USD}}.<ref>{{cite news|date=January 13, 1999|title=Starbucks will buy Tazo tea company|work=[[American City Business Journals]]|url=https://www.bizjournals.com/seattle/stories/1999/01/11/daily15.html}}</ref><ref name="AcquireTeavana">{{cite news|last=Jargon|first=Julie|date=November 14, 2012|title=Starbucks To Acquire Tea Chain Teavana|work=[[The Wall Street Journal]]|url=https://www.wsj.com/articles/SB10001424127887323551004578119283001096190|url-access=subscription}}</ref> In December 2012, Starbucks paid US$620 million to buy [[Teavana]].<ref>{{cite news | last=Geller | first=Martinne | title=Starbucks to buy Teavana in another step beyond coffee | url=https://www.foxbusiness.com/markets/starbucks-to-buy-teavana-in-another-step-beyond-coffee | agency=[[Reuters]] |publisher=[[Fox Business]] | date=November 14, 2012}}</ref> <ref name="closesteavanadeal">{{cite news | title=Starbucks closes Teavana deal | url=https://www.seattletimes.com/business/starbucks-closes-teavana-deal/ | last=Allison | first=Melissa | work=[[The Seattle Times]] | date=December 31, 2012}}</ref> <ref>{{cite news|last=Jennings|first=Lisa|date=January 3, 2013|title=Starbucks completes Teavana acquisition|work=[[Nation's Restaurant News]]|url=https://www.nrn.com/latest-headlines/starbucks-completes-teavana-acquisition}}</ref> <ref>{{Cite news|last=Kass|first=Arielle|date=January 1, 2013|title=Starbucks completes Teavana acquisition|work=[[Atlanta Journal-Constitution]]|url=https://www.ajc.com/business/starbucks-completes-teavana-acquisition/qH44p8upx4fLY7DrsLZRUN/}}</ref> Starbucks did not market Teavana products in its stores, though the acquisition allowed the expansion of Teavana beyond [[shopping mall]]s.<ref name=AcquireTeavana/> In January 2015, Starbucks began to roll out Teavana teas into Starbucks stores, both in to-go beverage and retail formats.<ref>{{cite news|date=January 2, 2015|title=Starbucks Launches Teavana Hot Brewed Tea in Starbucks Stores in the U.S. and Canada.|work=Starbucks|url=https://stories.starbucks.com/stories/2015/teavana-hot-brewed-teas-in-starbucks-stores/}}</ref> In November 2017, Starbucks sold Tazo to [[Unilever]] for $384 million.<ref>{{Cite news|url=https://www.usatoday.com/story/money/2017/11/02/starbucks-sells-tazo-tea-brand-univeler-focuses-teavana-instead/826529001/|title=Starbucks sells Tazo tea brand to Unilever, focuses on Teavana instead|work=USA TODAY|access-date=2017-11-03|language=en}}</ref> Starbucks shut down Teavana in early 2018.<ref>{{Cite news|last=Wattles|first=Jackie|date=July 28, 2017|title=Starbucks to close down all Teavana locations, impacting 3,300 jobs|work=[[CNN]]|url=https://money.cnn.com/2017/07/27/investing/teavana-stores-closing-starbucks/index.html}}</ref><ref>{{Cite news|last=Hartung|first=Adam|date=July 31, 2017|title=Starbucks Closing Teavana Is A Long-Term Troubling Sign For Investors|work=[[Forbes]]|url=https://www.forbes.com/sites/adamhartung/2017/07/31/starbucks-closing-teavana-is-a-long-term-troubling-sign-for-investors/}}</ref>
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