New Mexico Starbucks nicknamed "Charbucks" after arson attacks, facing resistance from locals.

From Investing.com: 2024-08-24 06:25:41

In Taos, New Mexico, a developer persists in building Starbucks’ first drive-through cafe despite two arson attacks. Locals nicknamed it “Charbucks” and criticized Starbucks for clashing with local culture. Concerns linger about money leaving the community as the coffee giant aims to open in spring 2025, despite protests and resistance.

Verbal opposition was sprayed on the first partially burned structure, as communities in Taos historically resist outside influences. While the town council supported Starbucks due to anticipated benefits, others like remote workers’ influx impacting demand for national chains and housing shortages remain dissatisfied.

The average home price in Taos is $460,000, leaving many unable to afford living in the town. Despite the economic promise of national chains, some pulled out after the second arson attack, reinforcing a sentiment that Taos rejects corporate influence. Starbucks emphasizes safety and collaboration with police in opening stores.

With no official comments from those involved, the ATF and town offer a reward for information on the arson cases. Limited evidence hinders progress in identifying suspects, despite strong beliefs by authorities. Local businesses grapple with changing landscapes, reflecting polarization amid political and social transitions in Taos and beyond.



Read more at Investing.com: New Mexico Starbucks nicknamed ‘Charbucks’ after arson attacks By Reuters