Tazo
Tazo Tea Company is a tea and herbal tea blender and distributor founded in Portland, Oregon. It is now a division of Lipton Teas and Infusions and is based in Kent, Washington.
Type | Subsidiary |
---|---|
Industry | Beverage |
Founded | 1994Portland, Oregon | in
Founder | Steven Smith[1] |
Headquarters | , |
Area served | Global |
Products | Teas and herbal teas |
Number of employees | Approximately 50 (2010) |
Parent | Lipton Teas and Infusions |
Website | www.tazo.com |
History
Tazo (/tɑːˈzoʊ/) Tea was founded in 1994 by Steven Smith.[1] The manufacturing and distribution was maintained by North American Tea & Coffee, a Canadian-based food manufacturing company.[2]
Tazo approached then Starbucks CEO Howard Schultz in 1998, seeking further investment partners. The company was purchased by Starbucks in 1999 for $8.1 million.[3]
Starbucks opened the first Tazo-branded tea shop in November 2012.[4] It closed a year later and was converted into a Teavana store.[5]
In November 2017, Starbucks sold Tazo to Unilever for $384 million.[6]
Marketing
The company uses "New Age"-style marketing and product labeling. For example, every box of tea was once labeled as "blessed by a certified tea shaman" and an original tag line was "The Reincarnation of Tea."
Until 2013, the logo used the Exocet typeface, slightly modified. For example, the T in Tazo was changed for readability purposes in 2006 by sliding the cross-piece toward the top of the letter.
See also
References
- Roberts, Sam. (2015, March 25). "Steven Smith, a 'Marco Polo' of American tea, dies at 65," The New York Times. Accessed: March 29, 2015.
- "North American Tea". Archived from the original on 2016-05-17.
- "Starbucks will buy Tazo tea company". Puget Sound Business Journal. January 13, 1999. bizjournals.com. Retrieved November 13, 2012.
- Candice Choi; Sarah Skidmore (November 14, 2012). "Starbucks Buys Teavana". The Huffington Post. Archived from the original on 2015-04-23. Retrieved 2019-09-08.
- "Starbucks to open first 'tea bar' in New York City". New York Daily News.
- "Starbucks sells Tazo tea brand to Unilever, focuses on Teavana instead". USA TODAY. Retrieved 2017-11-03.