Starbucks being sued over its plans to close Teavana stores
Simon Property Group, one of the largest US mall operators, is suing Starbucks over its plans to close 78 Teavana stores in the group's centres. It has filed a lawsuit against Starbucks claiming the coffee giant hadn't fulfilled its lease obligations. Starbucks earlier said it will close all 379 Teavana stores because the mall-based chain's "underperformance" was likely to continue.