The Executive Club

Jim Gooch has been named Executive Vice President, Chief Operating Officer and Chief Financial Officer of Lands’ End.
 
It’s a sad statement of the business world today when a person who failed so miserably is rewarded so handsomely. Jim Gooch was co-CEO of Market Basket during the work stoppage and customer boycott of 2014. Jim Gooch was on board with a plan to change the culture of one of America’s great companies in order to satisfy the greed of a few shareholders. Jim Gooch came into Market Basket fully aware of what was to be asked of him and he did not care to think of the consequences of his actions. He did not care to think that thousands of New Englanders would be adversely affected once he stepped into the building. But he’s in the Executive Club, where failure is not a career killer. The club which protects its own, stakeholders be damned.
 
We wish good luck to the people of Lands’ End. We’ve always been fond of their competitor LL Bean as there’s something about privately owned New England companies that has a certain appeal.
 
Follow the link below and read to the bottom where all of the pertinent contact information will be for you to call or email so you can let them know what you think of their new man.
 
http://www.einnews.com/pr_news/308708630/lands-end-names-james-gooch-evp-chief-operating-officer-and-chief-financial-officer
 

Catching Up with The Gooch

After writing about the news of Felicia’s new employment with 99 Stores Only, we thought we’d catch up with her cohort, Jim Gooch. Others may have already uncovered this, but it was news to us (or maybe we’d purged it from our memory) to learn that he’s been on the Board of Directors for Sears […]

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Catching Up with Felicia

I have been impressed by 99 Cents Only’s commitment to delivering value to their customers and appreciate the opportunity to join this organization and find new ways to enhance value for all stakeholders. – Felicia Thornton, November 2015 upon joining 99 Cents Only Stores Alberstons is a great company with strong core fundamentals and tremendous […]

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Mini Documentary at NYTimes.com

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Joseph Rockwell, VP Grocery Operations Retires

As many of you may already know, Joe Rockwell, VP of Grocery Operations, has retired effective this past Friday. Very few people knew of his plans until the last minute because that is the way Joe wanted to go out, with as little fanfare and attention to him as possible. You may remember Joe as […]

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An Economic Perspective

As we celebrate all that was accomplished last summer by associates, customers and vendors in our victory over greedy shareholders and their unscrupulous, tone deaf board members, we wanted to take a minute and look at a very significant byproduct of our efforts. As has been reported recently, our shoppers pay on average 15.9% less […]

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Set Your DVRs

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One Year Later

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Food Fight!

We received this email from Jay Childs earlier today: “Good morning we are contacting you to announce the First Official Trailer for the coming documentary film, “Food Fight – Inside the Battle for Market”. The trailer can be viewed at www.FoodFightFilm.com. If you’d be willing to post this to the SMB Page and wearemarketbasket.com site […]

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Food Fight

Jay Childs, the film maker working on a documentary about the Market Basket story, was on New Hampshire Public Radio this morning to discuss the project. He answered many questions including why he is looking for funding via Kick Starter. You can read the transcript of the interview here: http://nhpr.org/post/portsmouth-filmmakers-documentary-chronicle-market-basket-saga His fundraising ends this Saturday […]

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