DAVIDsTEA Expands Presence With Rexall Pharmacies

  • DAVIDsTEA Inc. DTEA has expanded the availability of its tea sachets, pre-packs, and samplers in over 110 Rexall pharmacies, a Canadian drugstore operator.
  • DAVIDsTEA has expanded its presence from 5 to 46 Rexall locations in Central Canada since June, following a pilot launched in March of this year.
  • About 69 more locations are being added in Rexall stores in Canada this September.
  • The partnership provides an opportunity to speak directly to customers and distribute educational marketing materials about the benefits of tea to Canadians.
  • Price Action: DTEA shares are trading lower by 1.14% at $3.47 on the last check Thursday.
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