Starbucks to close all Teavana stores; one Tulsa store included

Gene J. Puskar

Starbucks to close all Teavana stores; one Tulsa store included

Gene J. Puskar
FILE - This Tuesday, March 14, 2017, file photo show the Starbucks logo on a shop in downtown Pittsburgh. Starbucks Corp. reports earnings, Thursday, July 27, 2017. (AP Photo/Gene J. Puskar, File)

Starbucks announced Thursday that the company will close all 379 Teavana stores nationwide.

In a news release, the company cites poor performance and an inability to reverse the trend.

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Starbucks operates one Teavana store at Tulsa's Woodland Hills Mall. 

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The majority of the stores will close by Spring 2018 and all employees will be given opportunities to apply at other Starbucks stores.

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Starbucks Opens Tea Shop In New York

Spencer Platt
NEW YORK, NY - OCTOBER 24: A pot of tea sits at the newly opened Teavana "tea bar" on October 24, 2013 in New York City. Teavana, which Starbucks bought last year, was until recently a chain of nearly 300 shops that sold loose teas and other tea related items. The seattle based Starbucks company has opened the cafe which sells specialty tea based drinks, small dishes and pastries in a modern cafe-like setting. Starbucks has said that teas drinks were among the fastest-growing drinks at Starbucks cafes. Starbucks currently plans to open more Teavana tea bars in the near future. (Photo by Spencer Platt/Getty Images)

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