If you love tea, you might want to prepare yourself for some upsetting news: Starbucks has announced that they’ll be shutting down all Teavana store locations, including the 56 shops across Canada.
The coffee behemoth bought Teavana back in 2012, but with dwindling foot traffic at most North American malls, it appears this particular sub-company has steeped all it can.
“Over the last several years many mall-based retailers have been adversely impacted by reduced foot traffic…” said Starbucks CFO Scott Harlan Maw in a statement. “Our Teavana mall stores have not been immune, with many reporting negative comps and operating losses for some time.”
And though parent company Starbucks did see a stock dip after this announcement, it hasn’t been feeling the same pinch — according to CNN, the cafe behemoth continues to grow globally at a rate of one new store a day.
Fortunately, Teavana fans can still get their fix of tea at actual Starbucks locations, where many Teavana products will still be sold.
“[Teavana] concluded that despite efforts to reverse the trend through creative merchandising and new store designs, the underperformance was likely to continue,” Starbucks wrote in a statement.
Shutdowns will begin in Canada at the end of September, and most Teavana locations will be closed forever by the spring of 2018.
So, if your morning routine hinges on that particular matcha Japanese green tea from Teavana, you’d better stock up now. That or switch to coffee.