divya1d ago

For everyone who drinks Philz coffee in Bay Area, please note

https://sf.gazetteer.co/philz-ceo-orders-removal-of-flags-from-stores-including-pride-flags-to-create-an-inclusive-experience

Philz CEO orders removal of flags from stores, including pride flags, to create an ‘inclusive experience’

Once a local gem, the private equity-owned coffee chain has pissed off staff and patrons with its anti-LGBTQ request 

Show threadPaco Hope1d ago

@divya The cause of this, like so many businesses before it, is buried 8 paragraphs deep:

Philz…was sold to Los Angeles-based private equity firm Freeman Spogli for $145 million in August of last year.

Private equity are a cancer. Everything they touch dies.

Show threadspiegelmama
@paco @divya Yeah, I noted that. So gross. Is coffee the new target of these vultures?
Apr 9 at 12:46amWeb
Show threadPaco Hope1d ago
@spiegelmama @divya Nothing is sacred. They’re doing dentists, funeral homes, you name it. Buy it up, tear it apart, let it fail. Lather, rinse, repeat. Red Lobster and Toys R Us are other classic examples.
Show threadspiegelmama1d ago
@paco @divya Notoriously, that's what happened to the newspaper industry. Absolute depravity.
Show threadyouknowthatonepersonwithaface1d ago
@spiegelmama @paco @divya and same folks who bought the newspapers are "flipping" the Greyhound stations (literally, same folks who destroyed my local paper bought up and sold the local Greyhound station). Buses suck but at least you used to be able to sit out of the weather and have a restroom to use, now last time I got a bus there, I had to wait 6 hours under an awning in below freezing with no bench and no restroom cause the gas station nearby closed at 10 pm.
Show threadspiegelmama1d ago
@Thatonepersonwithaface Oh, goddammit- that's awful. @paco @divya