April 26, 2014 Hello once again Shareholders/BOD, HOW OFTEN - TopicsExpress



          

April 26, 2014 Hello once again Shareholders/BOD, HOW OFTEN DO YOU SHOP AT MARKET BASKET? Do you know your customer base? For Attorney Fitzpatrick to call the 4% savings LUDICRIOUS shows that you might just be OUT OF TOUCH. I say this not to be rude but to prove a point. Fitzie stated that the shareholders are out of hundreds of millions of dollars because of this 4%? Imagine how much money the shareholders would have if TWO (2) built stores would open instead of sitting there collecting dust, but in true MB fashion someone is more than likely dusting the stores off. With those stores not being open, how else would Market Basket be able to expand its customer base? If the BOD knows its customer base then the BOD would know that Market Basket customers travel distances to save money (mullah, dinero). I have written this before so I shall write it again so maybe just maybe this might be the time that it will finally be comprehended: customers from WALTHAM travel to BILLERICA to shop. Customers from Gardner, Ayer, Athol, Worcester travel to Leominster or the Fitchburg stores to shop. WHY? I’ve also written this before so as a refresher TO SAVE MONEY. The money saved is more than the cost of gas to travel. Factor in the 4%, now potential customers who thought the travel might not be worth it may find that it is. After a year of savings, if a customer spends around the same amount each week, the customers savings would be equal to 2 weeks of groceries FREE. As for shopping at Market Basket often if you do, then you know how busy the stores are especially on the weekends. The parking lots are full and lines could be to the aisles. When Stop n Shop was open in Hudson NH, how do you vision their lot compared to Market Basket’s, which was across the street? It looked like a ghost town. Why? Our prices. Don’t forget about our Service. As for the upcoming BOD meeting, why are the Class B directors being excluded from information that would aid them in casting their votes? When ATD held the majority, why did the committees contain a director from A, B, A/B and now a member from the B directors are on only 3 of the 8 committees? Is the board really considering selling all real-estate holdings? Why is Pillsbury Realty suing DSM? Why would DSM not honor its obligation to Pillsbury Realty? When casting votes on Monday, remember that 2017 will mark 100th Anniversary. What will DSM’s legacy be? More for your Dollar – excellent service, tremendous value, high quality product all found in a clean, well-organized store or as a company in a Civil War? Remember BOD, that your obligation is not only for the shareholders but also for the good of the company (customers, employees, vendors). If you are aware that Market Basket ranked #6 in Consumer Reports ratings of grocery stores NATIONALLY, why would you changing course which could be detrimental to the growth of the company and moving up to at least #5 next year (we were previously #7)? Thank you for your time, Lawrence “Larry” Frost Head Cashier #17 21 years and counting
Posted on: Sat, 26 Apr 2014 12:26:25 +0000

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