The months-long bitter battle between Starbucks’ Teavana chain and the country’s No. 1 mall operator is over — with the java joint’s tea chain winning the right to shutter some of its stores.
Simon Property Group sued Starbucks last August to keep it from closing 77 Teavana stores in its malls.
In July, Starbucks announced plans to shutter all 379 units of the underperforming chain by the end of January — but Indianapolis-based Simon got a local judge to issue a controversial injunction barring the closings.
The closings could injure Simon — and Starbucks could afford to keep the units open, Simon said in court papers.
In November, the judge agreed and ordered Starbucks to keep its Teavana stores open.
A disappointed Starbucks appealed and in December, in an unusual move, the state’s highest court agreed to hear the case — bypassing the intermediate Court of Appeals panel.
Such a move is made only when “an emergency exists requiring a speedy determination,” according to the Indianapolis Business Journal.
But before the appeal could be heard, both sides settled the case.
“We’ve reached an agreement with Simon to settle our dispute,” Starbucks spokeswoman Sanja Gould told The Post. She declined to elaborate on the terms of the settlement.
Calls to some Tevana stores in Simon malls, however, revealed at least two units that were closing within days.
One store, in the Roosevelt Field mall on Long Island, is closing on Jan. 15, according to an employee who answered the phone on Friday.
Simon Property did not immediately respond for comment.