No. of Recommendations: 0
I understand the angst of loosing a favorite local coffee shop to the huge mega-conglomerant chain store. However, I think the owner of Pasqua probably acted in a very "Foolish" manner by selling out. Starbucks would arrive in your neighborhood, like it or not. When they did, Pasqua would most likely suffer the consequences of falling sales and raised costs of competition. Instead of struggling to compete and ending up bankrupt, the owner of this once-beloved coffe store is probably laughing all the way to the bank. I'm sure Starbuck's was willing to pay a nice sum for removal of competition. Not all change is neccessarily good, but it is inevitable.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.