In an environment where major retailers are closing stores left and right—take Gap Inc.’s announcement last week that it will close 200 more underperforming Gap and Banana Republic stores—it has struck some industry experts as unusual that one of the country’s largest mall REITs is suing one of the country’s best-known retail brands.
But while the lawsuit filed by Simon Property Group last month
against Starbucks has some experts scratching their heads, it is likely a
one-off situation, they say.. . . more