online

Follow the Leaders: Online Tea Stores

Tea was mail-ordered for more than a century. Minimal weight and high margins (up to 70 percent) made it very popular in the early days of the internet. But industry signals are mixed on its future. Last fall Teavana closed its profitable online store (shortly after Starbucks closed its online store for coffee). At...

Shark Tank Investors ‘Wake the F**k Up’ for Snarky Tea

Wake the F**k Up! That got your attention. Another attention-getter is Snarky Tea “Chief Snark Officer” Jenni-Lyn Williams, who recently accepted $150,000 from Shark Tank’s Bethenny Frankel and Kevin O’Leary for a 25 percent equity in her company following her Nov. 5 appearance on the popular ABC TV show. The fledgling company sells a...