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Topic: The real-life ´Wonderful
Life´: Retiring grocery
store owner, 70, GIVES
AWAY his supermarket chain
to his 400 employees so
he can travel with his wife |
The real-life ´Wonderful
Life´: Retiring grocery
store owner, 70, GIVES
AWAY his supermarket chain
to his 400 employees so
he can travel with his wife
Daily Mail [UK], by Beth Stebner
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Original Article
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Posted By:JoniTx, 11/28/2012 11:22:42 PM
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| It truly is a wonderful life for the employees of a local Minnesota grocery store. Retiring owner Joe Lueken, 70, who owns three separate Lueken´s Village Foods, is transferring ownership of his stores to his 400-some employees, at no cost to his workers. Citing his employees for any success he´s had in his business, the much-loved business owner has brought holiday cheer to his staff. Mr Lueken, who has run the two Village Foods for more than 45 years, is a beacon in the community of Bemidji, Minnesota, offering aid to anyone he can,
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Reply 1 - Posted by:
ZurichMike, 11/29/2012 12:19:39 AM (No. 9038700)
I need a feel-good story; the news elsewhere in the US is so devestatingly depressing.
Well done, Mr. Lueken.
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Reply 2 - Posted by:
kanphil, 11/29/2012 12:27:59 AM (No. 9038706)
Very nice. Not many bosses are able to take such good care of their employees, though many may want to.
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Reply 3 - Posted by:
thelmalou, 11/29/2012 1:04:40 AM (No. 9038721)
Wow...what an excellent boss, and a thoughtful, caring man. God bless Mr. and Mrs. L.
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Reply 4 - Posted by:
DARling, 11/29/2012 1:46:34 AM (No. 9038737)
I am a born cynic. I am wondering how long it will take for the employees to get together and sell the chain at a profit to the people whom the original owner wouldn´t sell to.
I think scholarships and bonuses are fine. But the employees didn´t save and invest and pay themselves last like the owner did.
Comparing him to George Bailey is a bit like apples and oranges. I don´t think the owner was a frustrated idealist who wanted to keep evil, greedy opportunists out of his town. It is a nice gesture, I suppose, but we´ll see what the employees do with their windfall.
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Reply 5 - Posted by:
starkness, 11/29/2012 2:02:30 AM (No. 9038745)
just see how it works. either real leadership emerges, or it all falls apart. after all, it is a private enterprise. it´s up to you, guys and gals!
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Reply 6 - Posted by:
Japanorama, 11/29/2012 3:13:54 AM (No. 9038770)
After they get Obama´s tax bill, they might not be so grateful. The capital gains taxes will force them to sell the stores.
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Reply 7 - Posted by:
Spidey, 11/29/2012 3:22:26 AM (No. 9038774)
I´m sure Trumka will be sending his goons to sniff around so they can wind up like Hostess.
Even if they´re lucky enough to survive Obamacare,they´ll never survive a union.
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Reply 8 - Posted by:
ladychatalie, 11/29/2012 4:19:41 AM (No. 9038784)
#6, that´s why Lueken is transferring ownership this year. It´s next year when taxes skyrocket.
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Reply 9 - Posted by:
Ida Lil, 11/29/2012 4:34:59 AM (No. 9038789)
Wanna bet they will not be spreading around any profits with the humble masses if they can learn how to keep the chain running.
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Reply 10 - Posted by:
JAN, 11/29/2012 7:27:22 AM (No. 9038922)
It was his to give.
Hope the IRS doesn´t become a partner to the recipients.
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Reply 11 - Posted by:
Rama41, 11/29/2012 8:22:49 AM (No. 9038995)
He´s just like our wonderful president. Only it´s OUR store he´s giving away! /s
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Reply 12 - Posted by:
Bevan, 11/29/2012 9:12:40 AM (No. 9039081)
Nice gessture, but they´ll be bankrupt in 2 years.
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