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graywarrior

(59,440 posts)
Fri Sep 26, 2014, 02:28 PM Sep 2014

Even Bill Clinton talks about Market Basket

Quote from interview. (Sorry about the yelling. I copy/pasted it from the site---can't locate the vid, either)

I SAW JACK MA JUST ON ONE OF OUR PANELS THIS MORNING SAYING THAT HE THOUGHT HIS INVESTORS WOULD MAKE MONEY OVER THE LONG RUN IF HE PLACED HIS CUSTOMERS AND EMPLOYEES FIRST. THIS MARKET BASKET CASE IN MASSACHUSETTS AND NEW HAMPSHIRE WAS A BIG ISSUE BECAUSE THE FAMILY THAT OWNED IT WANTED TO GET RID OF THE GUY WHO WAS RUNNING IT. THEY THOUGHT HE GAVE TOO MUCH OF THE WEALTH OF THE COMPANY TO THE EMPLOYEES. THE CUSTOMERS LOVED IT. SO THE EMPLOYEES AND THE CUSTOMERS LEFT WHEN THEY GOT RID OF HIM. THEY HAD TO BRING HIM BACK.

http://www.cnbc.com/id/102025954?__source=ft&par=ft#.

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Even Bill Clinton talks about Market Basket (Original Post) graywarrior Sep 2014 OP
Recommended. (nt) NYC_SKP Sep 2014 #1
k&r Little Star Sep 2014 #2
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