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What a great move for all concerned !
Now, will the employee-owners make the changes required to make these stores a desirable place to shop? The one nearest to my home does a great job in reminding me of the vast socioeconomic differences that exist in our area.
You do not like paying $3 for a single apple?
Safeway is an absolute dump. They’re food stamp pimps exploiting the ghetto. Hopefully the new ESOP will clean up these public nuisances scattered across the city.
I’m happy employees will share in the ownership. However, it sounds like the largest owners will be a handful of related entities that help the grocery run and that the tax-except status is useful.
I’d love to shop here more frequently and I think neighbors would if the stores were clean, well stocked and didn’t smell like vintage groceries always do.
The one nearest me was under construction for months. It may still be. I stopped going after several trips produced no items on the shelves.