Caribou fans roast new owner for changes

  • Article by: Mike Hughlett , Star Tribune
  • Updated: April 10, 2013 - 11:06 PM

The decision to shutter some locations and convert others to Peet’s Coffee & Tea drew online criticism from customers of affected locations.

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TobsterApr. 10, 1310:24 PM

Why boycott? Don't these people understand that the shuttered locations are losing money? They can't keep 80+ locations open as "loss leaders".

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nessmessApr. 11, 13 6:13 AM

Even healthy businesses are being forced to shut down some of their outlets....It's a sign of the times with taxes going up, inflation in prices for raw materials, Obamacare raising cost's and increases in minimum wages make the margins even slimmer... These cuts are necessary to keep cost's down (they wouldn't survive if they had to raise the cost of a small cup of black coffee to $3, let alone $2.50)

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cavellApr. 11, 13 7:10 AM

your favorite store is closing. its not being remodeled or redesigned or rebranded. its shut down. so, i see why the customer might be bummed.

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bob_bensonApr. 11, 13 7:46 AM

nessmess "Obamacare raising costs" Why is it that everytime something negative occurs with a business it is blamed on the Health Care bill? One of the prime reasons they are having financial issues is that they expanded too fast. This has been an issue with many other companies in the past. I quite frankly don't understand why they chose to cram their new acquisition down peoples throats.

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markapApr. 11, 13 9:48 AM

Don't boycott, you will only hurt their employees. Where do you work? Should I organize a boycott against YOUR employer until YOU get laid off. Are you not able to think beyond a kindergarten level? And all of this hand wringing because they changed their name! Think, man, think! Beside, maybe Peets has good coffee.

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dirtydogsApr. 11, 1310:53 AM

Want to blame someone, blame the previous owners that sold out. They could have prevented this.

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dirtydogsApr. 11, 1310:55 AM

nessmess, why aren't you railing on the increasing executive compensation that cuts down on margins? You may not have noticed, but executive and top level manager pay has increased at an astounding rate compared to the average Joe's wages. But I understand....you want to pick and choose your battles and ignore facts.

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nessmessApr. 11, 1310:58 AM

I just saw a neighborhood bar/grill shut it's doors the other day after 30+ years of outstanding business. They were "packed" each day of the week (from noon to closing time). Yet, the owners attributed their sudden closure to hard economic times... So...... you say it's not the combo of rising expenses and reduced margins causing business to close??? Then I have a bridge to sell you....

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mtkamacApr. 11, 1311:26 AM

Corporations across the board are posting higher revenues and profits than ever before - for those who sit in the boardroom, these are not tough economic times. They are just making their smaller workforces working hard and longer, covering for the millions of workers they laid off over the years, while executives are pocketing larger sallaries than ever before.

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stevee952Apr. 11, 1311:56 AM

This just in .... Starbucks is better, and they run their business better too.

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