Starbucks to Open Tazo Tea Store

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SEATTLE — Starbucks Corp. is planning to do for tea what it did for coffee by opening a Tazo tea store in its hometown of Seattle as early as this fall, according to Reuters.

“[The] Tazo store will sell more than 80 varieties of loose-leaf tea and other tea products. It will also offer hot and cold tea drinks, brewing equipment, pastries, packaged chocolates, infused sugars and honey,” reads the Reuters report, which sources a Starbucks spokeswoman.

Starbucks bought Tazo for $8.1 million in 1999 and sells Tazo products through its shops and select grocery stores.

The company is further diversifying its portfolio beyond coffee business with the recent acquisition of La Boulange bakery and the opening of its first Evolution Fresh juice bar in March.

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