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.
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