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Default Market Basket woes


We always hear about the greedy corporations but there are (or were)
some good ones. When the CEO of Market Basket was ousted, the employees
and customers rallied for his return. Under his reign, workers got a
decent wage and customers got good prices. But greedy members of the
family want to to keep more for themselves.

I'm amazed at how well they organized themselves and are sticking
together in support of their old boss. We do some of our shopping at a
store about 20 miles from us and we like it. Looks like we won't be
going for a while

http://www.bostonglobe.com/business/...xCL/story.html

http://tinyurl.com/kk8yekn

http://tinyurl.com/ksjxs74
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Default Market Basket woes

Ed Pawlowski > wrote in
:

>
> We always hear about the greedy corporations but there are (or were)
> some good ones. When the CEO of Market Basket was ousted, the
> employees and customers rallied for his return. Under his reign,
> workers got a decent wage and customers got good prices. But greedy
> members of the family want to to keep more for themselves.
>
> I'm amazed at how well they organized themselves and are sticking
> together in support of their old boss. We do some of our shopping at
> a store about 20 miles from us and we like it. Looks like we won't be
> going for a while
>
> http://www.bostonglobe.com/business/...ers-meet-discu
> ss-fate-market-basket/ivfcW7MAYCtNiu45rgwxCL/story.html
>
> http://tinyurl.com/kk8yekn
>
> http://tinyurl.com/ksjxs74
>


Except for the occasional quick stop to pick up one or two items, I
haven't shopped anywhere but Market Basket for at least 15 years. They
are (were) the only good quality reasonably priced chain in Mass or New
Hampshire. And the reason appears to be, up until the last few days, the
man at the helm. The rest of this family owned business wants to raise
prices and/or sell out to some large chain. Apparently the hundreds of
millions of dollars they're worth just isn't enough, so screw the
consumer who's kept them in business. Kind of a goose and golden eggs
situation.

Half the people I meet in the Shaw's just down the block from my usual MB
are Market Basket refugees, and none of us are happy to be shopping
there.
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Default Market Basket woes

On 7/28/2014 6:01 PM, Sqwertz wrote:
> On Mon, 28 Jul 2014 03:07:57 -0500, Alan Holbrook wrote:
>
>> Half the people I meet in the Shaw's just down the block from my usual MB
>> are Market Basket refugees, and none of us are happy to be shopping
>> there.

>
> This fiasco has been making the local news here as well. Market
> Basket will be in even better shape once they reopen under the old
> management.
>
> If I was the ousted CEO, I would have made the provision that the
> amount of the offer drops $1 million every day. It seems unlikely the
> company will survive under the current leadership. It would take some
> marketing geniuses to restore it to its former glory, but that would
> come at a huge price.
>
> -sw
>

I'm sure this will be studied in business school for what NOT to do.
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Default Market Basket woes

Ed Pawlowski wrote:
>
> We always hear about the greedy corporations but there are (or were)
> some good ones. When the CEO of Market Basket was ousted, the employees
> and customers rallied for his return. Under his reign, workers got a
> decent wage and customers got good prices. But greedy members of the
> family want to to keep more for themselves.
>
> I'm amazed at how well they organized themselves and are sticking
> together in support of their old boss. We do some of our shopping at a
> store about 20 miles from us and we like it. Looks like we won't be
> going for a while
>
> http://www.bostonglobe.com/business/...xCL/story.html
>
>
> http://tinyurl.com/kk8yekn
>
> http://tinyurl.com/ksjxs74


I actually walked through the store near me last night, having not been
in there since T got ousted. There might have been two customers. Very
few workers. Two at the one open cash register, and a couple more
elsewhere, one pushing a broom, and another one arranging.

I talked to some of the folks, and they unhappily guessed it was best to
continue the boycott. They also were not going to have work as of
today, since they were working part-time.

I think there is NO good outcome. I am sure missing the low prices,
even more so as I run around getting things for my daughter ere she
leaves for college. EVERY SINGLE THING is more expensive, sometimes
DOLLARS more. Ouch. And I can't even find other things.

What do you think of T's most-recent response?
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Default Market Basket woes

Ed Pawlowski wrote:
> On 7/28/2014 6:01 PM, Sqwertz wrote:
>> On Mon, 28 Jul 2014 03:07:57 -0500, Alan Holbrook wrote:
>>
>>> Half the people I meet in the Shaw's just down the block from my
>>> usual MB
>>> are Market Basket refugees, and none of us are happy to be shopping
>>> there.

>>
>> This fiasco has been making the local news here as well. Market
>> Basket will be in even better shape once they reopen under the old
>> management.
>>
>> If I was the ousted CEO, I would have made the provision that the
>> amount of the offer drops $1 million every day. It seems unlikely the
>> company will survive under the current leadership. It would take some
>> marketing geniuses to restore it to its former glory, but that would
>> come at a huge price.
>>
>> -sw
>>

> I'm sure this will be studied in business school for what NOT to do.


I gather the MB situation has been studied for a LONG time. The feud
has been going on for decades.


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Default Market Basket woes

On 8/10/2014 12:41 AM, Jean B. wrote:

>
> I talked to some of the folks, and they unhappily guessed it was best to
> continue the boycott. They also were not going to have work as of
> today, since they were working part-time.
>
> I think there is NO good outcome. I am sure missing the low prices,
> even more so as I run around getting things for my daughter ere she
> leaves for college. EVERY SINGLE THING is more expensive, sometimes
> DOLLARS more. Ouch. And I can't even find other things.
>
> What do you think of T's most-recent response?


Last I saw was he was offering to buy and I think that would have the
best outcome. In any case, the losses are huge. No one can win at this
point.

If it is sold to a third party it would evolve to just another store.
If S keeps control, it may just die. He should resign and take the
money. Best for everyone at this point.
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Default Market Basket woes

On Sun, 10 Aug 2014 00:41:02 -0400, "Jean B." > wrote:

>Ed Pawlowski wrote:
>>
>> We always hear about the greedy corporations but there are (or were)
>> some good ones. When the CEO of Market Basket was ousted, the employees
>> and customers rallied for his return. Under his reign, workers got a
>> decent wage and customers got good prices. But greedy members of the
>> family want to to keep more for themselves.
>>
>> I'm amazed at how well they organized themselves and are sticking
>> together in support of their old boss. We do some of our shopping at a
>> store about 20 miles from us and we like it. Looks like we won't be
>> going for a while
>>
>> http://www.bostonglobe.com/business/...xCL/story.html
>>
>>
>> http://tinyurl.com/kk8yekn
>>
>> http://tinyurl.com/ksjxs74

>
>I actually walked through the store near me last night, having not been
>in there since T got ousted. There might have been two customers. Very
>few workers. Two at the one open cash register, and a couple more
>elsewhere, one pushing a broom, and another one arranging.
>
>I talked to some of the folks, and they unhappily guessed it was best to
>continue the boycott. They also were not going to have work as of
>today, since they were working part-time.
>
>I think there is NO good outcome. I am sure missing the low prices,
>even more so as I run around getting things for my daughter ere she
>leaves for college. EVERY SINGLE THING is more expensive, sometimes
>DOLLARS more. Ouch. And I can't even find other things.
>
>What do you think of T's most-recent response?



Where is WallyWorld in all of this? Is this an area of the country
where WallyWorld is not allowed to take over the grocery business?

William
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Default Market Basket woes

On Sun, 10 Aug 2014 09:51:14 -0400, William > wrote:

>On Sun, 10 Aug 2014 00:41:02 -0400, "Jean B." > wrote:
>
>>Ed Pawlowski wrote:
>>>
>>> We always hear about the greedy corporations but there are (or were)
>>> some good ones. When the CEO of Market Basket was ousted, the employees
>>> and customers rallied for his return. Under his reign, workers got a
>>> decent wage and customers got good prices. But greedy members of the
>>> family want to to keep more for themselves.
>>>
>>> I'm amazed at how well they organized themselves and are sticking
>>> together in support of their old boss. We do some of our shopping at a
>>> store about 20 miles from us and we like it. Looks like we won't be
>>> going for a while
>>>
>>> http://www.bostonglobe.com/business/...xCL/story.html
>>>
>>>
>>> http://tinyurl.com/kk8yekn
>>>
>>> http://tinyurl.com/ksjxs74

>>
>>I actually walked through the store near me last night, having not been
>>in there since T got ousted. There might have been two customers. Very
>>few workers. Two at the one open cash register, and a couple more
>>elsewhere, one pushing a broom, and another one arranging.
>>
>>I talked to some of the folks, and they unhappily guessed it was best to
>>continue the boycott. They also were not going to have work as of
>>today, since they were working part-time.
>>
>>I think there is NO good outcome. I am sure missing the low prices,
>>even more so as I run around getting things for my daughter ere she
>>leaves for college. EVERY SINGLE THING is more expensive, sometimes
>>DOLLARS more. Ouch. And I can't even find other things.
>>
>>What do you think of T's most-recent response?

>
>
>Where is WallyWorld in all of this? Is this an area of the country
>where WallyWorld is not allowed to take over the grocery business?
>
>William


WW has made inroads, but New Englander's are loyal and don't change
easily. Aside from the fact that Market Basket is far superior.

This area of the country is one of the last to be invaded by WalMart.
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Default Market Basket woes

On 8/10/2014 7:51 AM, William wrote:
> On Sun, 10 Aug 2014 00:41:02 -0400, "Jean B." > wrote:
>
>> Ed Pawlowski wrote:
>>>
>>> We always hear about the greedy corporations but there are (or were)
>>> some good ones. When the CEO of Market Basket was ousted, the employees
>>> and customers rallied for his return. Under his reign, workers got a
>>> decent wage and customers got good prices. But greedy members of the
>>> family want to to keep more for themselves.
>>>
>>> I'm amazed at how well they organized themselves and are sticking
>>> together in support of their old boss. We do some of our shopping at a
>>> store about 20 miles from us and we like it. Looks like we won't be
>>> going for a while
>>>
>>> http://www.bostonglobe.com/business/...xCL/story.html
>>>
>>>
>>> http://tinyurl.com/kk8yekn
>>>
>>> http://tinyurl.com/ksjxs74

>>
>> I actually walked through the store near me last night, having not been
>> in there since T got ousted. There might have been two customers. Very
>> few workers. Two at the one open cash register, and a couple more
>> elsewhere, one pushing a broom, and another one arranging.
>>
>> I talked to some of the folks, and they unhappily guessed it was best to
>> continue the boycott. They also were not going to have work as of
>> today, since they were working part-time.
>>
>> I think there is NO good outcome. I am sure missing the low prices,
>> even more so as I run around getting things for my daughter ere she
>> leaves for college. EVERY SINGLE THING is more expensive, sometimes
>> DOLLARS more. Ouch. And I can't even find other things.
>>
>> What do you think of T's most-recent response?

>
>
> Where is WallyWorld in all of this? Is this an area of the country
> where WallyWorld is not allowed to take over the grocery business?
>
> William
>

Has WalMart "taken over" from Sprouts, or do they continue to gain
market share each year?
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