Teavana closes one of first tea bars in Chicago
Teavana abruptly closed one of its first tea bars after less than 2 years in business. The bar, located on N. Southport Avenue in Chicago, was heralded as a new concept in 2013 more akin to a bar than a tea shop, featuring signature tea lattes, breakfast food and flatbread sandwiches. At the time, Teavana had plans to open 1,000 locations within 10 years. A company representative confirmed that the bar was closed after "evaluating the stores' portfolio", which suggests the concept may not have proven as successful as initially hoped for. Following the closure, only five such bars remain in the US, in New York, Seattle and Beverly Hills. Chicago is now home to just one Teavana store, located on N. Michigan Avenue.