We Are Market Basket Sparknotes

624 Words2 Pages

We are Market Basket tells a story around a family business which is a supermarket chain called Market Basket. Market Basket is a grocery chain that starts the first store at Lowell, Massachusetts and has 71 stores in the New England region, also it is owned by Arthur’s family. After reading this book, I noticed that why Market Basket still could have that numbers amount stores exist, even though they had the “change CEO” thing, how low about their goods prices and the high pay for hourly employees. In this book, I think it basic consist of three out of four were talked the “change CEO” thing. I think the interesting part is starting from the board of directors dismiss Arthur T and all the employees were take the risk of losing their jobs, …show more content…

Because they think Market Basket is a classical grocery store with low price and the atmosphere like a family. As well as almost all the staffs in Market Basket are the same group of people, so when the older people go to the supermarket, staffs know their and could said they name or chat with them. Market Basket could keep they employees stay and be successful, one of the reason is because of the high pay for both part-time and full-time employees. For example, during that time, the Massachusetts minimum wage is 8 dollars an hour, going up to 9 dollars, and Market Basket pay 12 dollars for an hour. Thus, that amount of the wage could definitely win employees hearts. The second reason what Market Basket could succeed, also is what I want to take away from the books, is Arthur T treat employees like family and believe them. He could earn the loyalty from the employees has the reason. He could remember all the employee's name and the general situation about them. Arthur T will talk with the employee who passes by him and knowing their family or what happened to them recently, although he has about 2,000 employees. He trusts them and treat hem as best he could, I guess that is why when he was being fired, everyone supports him. I could not help but think if I am the CEO, and that is me who being fired by the board of directors, is any of my staffs will come out can do the protest or fight for me? Therefore, I want to take away the values

Open Document