Tuesday, December 12, 2017

Teavana must keep 77 store open

A socialist judge in Indiana ordered Teavana to keep 77 stores open that it was planning on closing, because of the pain it would inflict on the malls they are in.  See
https://nypost.com/2017/12/01/judge-bars-starbucks-from-closing-77-failing-teavana-stores/

I find this very bizarre.   I don't know how long the stores are forced to remain open, maybe if it is only 6 months then this isn't that big of a deal, but this is an incredibly stupid decision by an incredibly stupid judge.  I don't know why Starbucks doesn't appeal it.  How can you force a store to remain in business? This will encourage stores that are on the edge about remaining in business to close pre-emptively.

1 comment:

  1. Very well written information. It will be beneficial i really appreciate all your efforts ,thank you so mch for sharing this valuable information with all of us.
    Packers And Movers Hyderabad

    ReplyDelete