retail news in context, analysis with attitude

• The Wall Street Journal has a story this morning about Starbucks' plan to acquire Teavana Holdings for $620 million and to jump start growth in the tea category, which some analysts question because "Starbucks is focused on brewing drinks, with a side order of retail. But Teavana receives just 4% to 6% of its revenue from brewed beverages, selling most of its tea in loose-leaf form for home consumption." However, Starbucks says that it plans to "bring Teavana's 300 mostly mall-based shops to more urban, stand-alone locations, that look more like its own" and "help drive customers to one another by uniting their customer loyalty programs, social-media efforts and mobile applications."

• Weis Markets announced that it has opened its store in Fogelsville, Pennsylvania, saying that "upon approval from the U.S. Green Building Council, the 65,800 square-foot facility ... will be the first 'green' grocery store in the Lehigh Valley."
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