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DavidsTea Obtains Creditor Protection, Plans to Close Stores

Montreal-Based Retailer to Focus on Online Operation
DavidsTea plans to shrink its 230-store network that includes Toronto's West End. (CoStar)
DavidsTea plans to shrink its 230-store network that includes Toronto's West End. (CoStar)
CoStar News
July 9, 2020 | 4:38 P.M.

Montreal-based DavidsTea obtained creditor protection in Canada and is seeking similar protection in the United States, steps that expected to lead to permanent closings in its 230-store network across both countries.

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