Supermarket employees with an ownership stake in their companies are likely to provide better service and eliminate corporate waste. That's no ESOPs fable for the clutch of privately held regional chains with employee stock ownership plans, or ESOPs. "An ESOP turns associates into shareholders and gives them a little skin in the game," Steve Smith, president and chief executive officer of K-VA-T Food Stores, Abingdon, Va., told SN. John Bole, president and CEO of Yoke's Washington Foods, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.