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Welcome back, Market Basket — 2 Comments

  1. As my sister used to live near a Market Basket, I learned about what a great store it is [they are?]. No, it didn’t have the variety and overwhelming size of a Stop and Shop- much of the space which is dedicated to prepared foods. But for those who actually cook, there was plenty to choose from at Market Basket. You save both money and time at a Market Basket. No need to walk a mile to complete your shopping like in a Stop and Shop, as Market Basket stores are very compact.

  2. The Fezziwigs, Market Baskets, IN-N-Out Burgers (west coast chain) and LLBeans of the world understand that business is about more than making money, it’s also about providing a service and product one can be proud of, something that most bean counters never realize.

    When business owners do take pride in the products and service they provide, it acts as a natural limitation on expansion because that last 10-20% of profit goes to wages, quality control and offering competitive pricing to the consumer, i.e. giving the consumer more for their dollar, instead of that 10-20% going toward ever greater expansion, fueled by keeping expenses minimized and profit maximized through a ‘let the buyer beware’ attitude.

    This is capitalism’s limitation; it can be used to either morally support or amorally suppress the consumer and the difference is a result of the ethical standards of the business. In America especially, Christianity’s tenets once acted as the moral arbiter of a business’ ethical reputation but in the secular world, it’s what ever you can get away with…

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