Capital Teas Expands Further with Four New Stores for Spring 2016

ANNAPOLIS, Md., April 7, 2016 /PRNewswire-iReach/ Capital Teas, a leading American specialty tea retailer, announces the addition of four new store locations this Spring as part of its national expansion. This past Monday, April 4, 2016, Capital Teas opened its first New Jersey store, located on the third floor of the Bridgewater Commons Mall between the food court and Macy's and directly above Microsoft. The Maryland-based company will also be opening its fourth store in Virginia later this month, on the upper level of Fair Oaks Mall adjacent to Janie and Jack and across from Michael Kors. In May, the company plans to open stores at both International Plaza in Tampa, on the first level adjacent to Neiman Marcus, and at University Town Center in Sarasota, on the upper level near the Grand Court. These add to the company's Florida presence begun in January 2016 at CityPlace in West Palm Beach. These four new stores bring the Capital Teas chain to 20 stores strong, all of which are company-owned. Capital Teas plans an additional 7-8 new stores this year, all of which are well along in development.

Coinciding with its Spring 2016 stores openings, Capital Teas is introducing six exciting and organic Spring/Summer teas for all its locations with such enticing selections as Strawberry Rhubarb Oolong (organic) and Matcha Mat Energizer (organic). A haven for tea lovers and novices alike, Capital Teas carries more than 200 loose teas and infusions on its website, and offers 60 varieties in its stores where the majority of its teas are USDA organic. The company encourages its customers to "Stop and smell the teas" at its unique, multi-sensory sniffing stations that are filled with its premium, natural and organic teas and infusions from around the world. It also offers an exciting collection of modern, elegant, and unique tea-ware for consumers.

"We are very excited to be further expanding our brand and footprint beyond our strong home base in the Washington D.C. Metropolitan area," said Peter Martino, CEO of Capital Teas. "With our focus on providing customers the highest quality teas and tea-ware, we believe that our presence in these new, top-notch locations will be very well-received. As we continue to grow our presence nationally, we are committed to improving all aspects of Capital Teas, from sourcing the best products to increasing consumer and staff happiness and well-being, boosting operational efficiency, and more."

Capital Teas was founded by Peter and Manelle Martino in 2007. Until mid-2010, it operated one small retail store in Annapolis, Maryland. Since then, the company has continually grown at a rapid pace. The recipient of private funding totaling $11.0M over the past two years, Capital Teas more than doubled its revenue last year and plans to maintain a compounded annual growth rate of over 100%. Today, Capital Teas retail stores stretch from New Jersey to Florida along the U.S. East Coast. The company also ships teas to loyal patrons in all 50 states plus several international locations from its 8,000 sq. ft. headquarters and distribution center in Annapolis, Maryland.

About Capital Teas, Inc.

Founded and headquartered in Annapolis, MD, Capital Teas is a leading, independent American tea retailer. The company is steeped in rich history dating back five generations to co-founder Manelle Martino's great-great-grandfather, Francis Van Reyk, who planted and oversaw some of the first Ceylon (Sri Lanka) tea estates starting in the 1870s. Capital Teas is known for the highest quality teas and tea-ware, offering a multi-sensory experience for customers. The company maintains one of the largest specialty tea collections with 200+ organic and natural teas and infusions from around the world, including unique Capital Teas blends. With an ever-growing base of retail stores and a strong web presence, Capital Teas executes its mission daily by educating people and inspiring lives through the wonders of tea, one cup at a time. See www.CapitalTeas.com.

SOURCE Capital Teas

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