April 15, 2016

Employee-Owned Companies on the List of Favorite Grocery Stores

Executive Director

The results of a survey answered by more than 10,000 consumers listed Americans' favorite grocery chains, and several employee-owned companies are on the list. The research, by Market Force Information, listed three employee ownership companies: Publix Super Markets at no. 2, Hy-Vee at no. 4, and H-E-B at no. 7.

The top company on the list, Wegman's, is family-owned, but made news in 2015 as a strong endorser of a bipartisan bill, the Encouraging Employee Ownership Act, sponsored by Sens. Pat Toomey (R-PA) and Mark Warner (D-VA). Paul Speranza, vice chairman of Wegmans, said that the bill would allow Wegmans and other "privately-held companies to provide ownership opportunities to employees and is important because it helps companies like Wegmans to attract and keep the very best talent. It also allows companies like ours to protect confidential business information."