Quote:
Originally Posted by Fuzz
Only if your business model is unfettered growth and chasing sales. If you are co-op doing what is best for your members, it's a pretty good thing, because you have the utmost loyalty for when they need any product you sell. And you get more customers as they spread the word about all the awesome things MEC does right.
I think we can conclude one model led to great success, and the other one failed spectacularly.
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Every time the Co-op grocery store gets mentioned people bitch about the prices but it’s locally owned with a focus on local products and services no one else provides. They’ve made some missteps lately that I fear could cause them to go the way of MEC, but I continue to support them and hope everyone else does, if they can afford to.
It’s a hard business model to succeed with in this race-to-the-bottom marketplace, but I pray they continue with it.