Market Basket doing pretty darn good, one year later. [View all]

Last edited Fri Jul 31, 2015, 03:07 PM - Edit history (1)

"Five new Market Basket stores have opened and three more are about to come on line. Store prices during the first six months of 2015 were, on average, about 16 percent lower than the competition’s, according to research firm Nielsen. Yet even with those lower prices, the company managed to distribute $129 million to employees in bonuses and profit-sharing. Its $4.8 billion in annual revenue projected for this year will be Market Basket’s biggest gross in its 98-year history."

http://www.telegram.com/article/20150731/NEWS/150739818/101363