Mises Wire
Author:
Antony Sammeroff
Online Publish Date:
Earlier this year, Starbucks corporation settled a lawsuit with Simon Property Group of the closure of many of Starbucks’s Teavana stores. As the The New York Post reported in late 2017, a judge in Indiana had barred Starbucks from closing 77 Teavana stores that were failing because “the very profitable Starbucks could absorb the financial hit.”