Starbucks to launch credit card, sell Tazo sales disappoint State News. NEW YORK AP Starbucks announced deals Thursday to sell its Tazo tea brand to Unilever and launch a credit card with Chase. But the coffee chain also reported disappointing fourth quarter sales growth at stores around the world, and its shares fell more than 3 percent in after hours trading. The Seattle based company said Unilever will pay 3. Tazo in a deal that is expected to be completed in the next year. Unilever, which owns the Lipton and PG Tips tea brands, called the acquisition a perfect strategic fit. Starbucks, which bought Tazo about 1. Teavana tea brand. Although Starbucks has been shutting down stand alone Teavana stores, it still sells its teas in stores. The company expects to launch a Starbucks branded credit card with Chase this winter. A prepaid card will come later. The company said both cards will allow customers to earn Starbucks rewards when they spend. Co branded cards, which feature the brand of a bank and another company, have been popular for decades since they help strengthen customer loyalty. Images/Slides/foodhandlers/Hand/H-MD-10.png' alt='Pg County Permits And Licenses For A Restaurant' title='Pg County Permits And Licenses For A Restaurant' />Ride hailing company Uber, for example, announced a card with British bank Barclays last week. Starbucks financial results, meanwhile, showed slowing growth. The chain said fourth quarter sales rose 2 percent at its established locations worldwide, below the 3. The popular Millennium Park Summer Film Series returns, Tuesdays, June 13 through September 5, at 630pm. This years lineup kicks off with the 1980 Chicago. NEW YORK AP Starbucks announced deals Thursday to sell its Tazo tea brand to Unilever and launch a credit card with Chase. But the coffee chain also reported. Hp Usb Storage Format Tool Windows Xp more. Current monthly events are in white. The last few days of the previous month and first few days of the next month are shaded gray. To locate specific events, like. Wall Street analysts expected, according to Fact. Set. During the same period a year ago, those sales grew 4 percent. Overall, the company reported net income of 7. Oct. 1. Adjusted earnings came to 5. In the same period a year ago, Starbucks reported net income of 8. Revenue slipped slightly to 5. Shares of Starbucks fell 1. Oregon Health Authority Helping people and communities achieve optimum physical, mental and social wellbeing. Friday, November 17, 730 PM Jet City Improv Auburn Avenue Theater Jet City Improv is a fastpaced and fun audience participation comedy show that is appealing to all. Discount Storage Sheds Or Garages Boatshed Restaurant Menu Build Plants In Glass Fish Bowls Discount Storage Sheds Or Garages Timber Frame Sheds Calgary Ab Making A. The Texarkana Gazette is the premier source for local news and sports in Texarkana and the surrounding Arklatex areas. Thursday. Copyright 2. The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.