Family's employee-owned grocery chain still growing
The News-Gazette Online has a nice story about Niemann Foods which owns 63 grocery stores under the SuperValu's County Market name. The chain is booming and third of the chain is owned by the employees. It is great to here about success stories like this but I also wish the media would not call stores that are less than half-owned by their employees as employee-owned. Although it doesn't mention the mechanism of employee-ownership, from previous situations it is likely that it is an ESOP situation.
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