Starbucks Corp. has had a bit of a roasting lately. Its stock price has nosedived from a high of $39.63 US in May 2006 to $17.89 US in March 2008, and in late January the java giant announced it was closing 100 stores in the U.S. and pulling the breakfast sandwiches it launched just a year ago.
But one guy who’s clearly been sipping the skinny lattes is Lululemon Athletica Inc. CEO Bob Meers.
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It’s ironic that when Shawn Atleo, B.C. regional chief of the Assembly of First Nations, meets with
BCBusiness it’s at a Tim Hortons near the corner of Georgia and Burrard streets.
Atleo tells how he spoke with just about every highrise owner in downtown Vancouver some 15 years ago, trying to convince them of the wisdom of installing coffee shops in the lobbies of their office towers. It’ll never happen, they told him.
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