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21 Facts About Argo Tea
Argo Tea primarily sells a variety of hot and cold tea-based signature drinks.
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Argo Tea has formed a special relationship with Whole Foods Market to distribute Argo products.
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In 2020, Argo Tea began selling bottled tea in Walgreens and other stores, “shifting its focus to a ready-to-drink premium tea line derived from one of its most popular cafe beverages.
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Argo Tea says he spends weeks lurking on street corners to scope out his perfect blend of attributes: high daytime foot traffic, a demographic he describes as trend-setting women in their 20s to 40s, and concentrations of neighborhood residents .
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Argo Tea's scouting methods include chatting with falafel vendors, bar owners and even homeless men and women to get granular detail on the blocks he considers.
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Argo Tea was launched in 2003 by three partners: Arsen Avakian, Simon Simonian, and Daniel Lindwasser.
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Late in 2004, Argo Tea signed a lease to make its first expansion beyond its original location .
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In July 2011, Argo Tea became the first outside retail tenant of the Tribune Tower in six years when it leased space.
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In 2020, Argo Tea changed its focus from cafes to sale of bottled tea drinks, and it was acquired by Golden Fleece Beverages.
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Argo Tea is the second most consumed beverage in the world, after water.
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When it was founded, Argo was part of a field of blossoming tea cafe franchises meeting a burgeoning demand.
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Argo Tea's ready-to-drink bottled beverages can be found outside the cafes, in the finest grocery retailers across the country.
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Argo Tea has donated a large amount of white teas, which have high concentrations of antioxidants, to the University of Chicago Hospitals.
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Argo Tea has an environmentally friendly business plan that includes encouraging use of reusable service-ware such as ceramic mugs and plates and washable silverware by its dine-in customers.
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Argo Tea considers sustainability and environmental consciousness in all phases of its business including supplier, operations, store design and product decisions.
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Argo Tea has mostly part-time employees, but offers medical benefits to employees who work 20 hours per week.
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