Starbucks will close all Teavana locations

Starbucks announced Thursday that all 379 Teavana stores -- which are primarily based in malls nationwide -- will be closed because they have been "underperforming," CNN reported. The move will impact 3,300 workers.

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"The company concluded that despite efforts to reverse the trend through creative merchandising and new store designs, the underperformance was likely to continue," Starbucks said in a press release.

Most locations will be shut down by next spring, CNN reported.

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