business news in context, analysis with attitude

Nice column in the Washington Post about Maryland-based MOM's Organic Market, which has grown in the last six years - after some rough years - to be a business with 16 stores, 1,000 employees and around $200 million in sales. Owner Scott Nash grew the business out of a "tiny home delivery company that sold fruit and vegetables out of his mother’s garage."

The story quotes Nash as saying that he sees MOM’s as a cross between Whole Foods and Trader Joe’s: “We carry much more than Trader Joe’s and less than Whole Foods. But we have strategy with our business that we believe is the reason people come and shop with us. And we make money by not wasting money. We pay very well here. We have a $12 minimum wage and lots of benefits. So we invest in people. And we realize that they are the most valuable asset to us.”

Interesting piece, and you can read it here.
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