Thursday, January 18, 2018

Simon Settles Suit With Starbucks Over Teavana Closures

Wall Street Journal

Simon Property Group and Starbucks Corp. have reached a settlement over a lawsuit by the mall owner that had sought to prevent Starbucks from closing Teavana stores in its shopping centers.

In November, an Indiana judge ordered the coffee giant to halt from closing Teavana stores in 77 retail locations owned by Simon. Starbucks filed an appeal against the preliminary injunction.. . . more