Seattlest: Speakeasy Now A Best Buy

speakHARD

Tue, 27 Mar 2007 16:56:24 -0800

First of all, it's well known that speakeasy burnt down their own "beloved" cafe.. Secondly, over the past couple of years, their prices have just kept going up. While "profitable", that profit wasn't going to be sustainable, hence finding someone to buy them. The purchase was a pretty weak 1.2x revenue, which means no one is getting rich here...

Saxtor

Tue, 27 Mar 2007 16:31:36 -0800

I was mostly referring to the impending differential between Speakeasy (lovey-dovey) and "Speakeasy powered by BestBuy" (those pillaging, sacks of shit).

MvB

Tue, 27 Mar 2007 15:44:34 -0800

Saxtor: Not to get all Freudian on you, but what about the words "sacking" and "pillaging" suggest "lovey-dovey" to you?

Saxtor

Tue, 27 Mar 2007 15:38:32 -0800

I don't care how local they are, or will remain to be, or how lovey-dovey you want to get with Speakeasy, being acquired by Best Buy is bad news. If you read up on the business practices and policies of this awful mega-retailer, you will realize that just like the once reputable and locals-only Geek Squad, eventually Speakeasy will have to succumb to the will of the parent company. A very good place to start with lots of information on BestBuy's shady practices is over at The Consumerist website.