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Keyword: teavana

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  • Judge bars Starbucks from closing 77 failing Teavana stores

    12/03/2017 8:41:50 AM PST · by Maceman · 187 replies
    NY Post ^ | 12/01/2017 | Lisa Fickenscher
    An Indiana judge has taken an unusual step and temporarily barred Starbucks from closing 77 failing Teavana stores in Simon Property Group malls because the real estate giant was less able to handle the financial pain. Starbucks said in July it planned to shutter its 379-store Teavana operation — but Simon rushed to court to block 77 stores in its malls from going dark — claiming such a move by a high-profile tenant could spark other stores in its malls to close. Starbucks, after trying to turn around its stumbling tea chain, said last August it was pulling the plug...