Those companies exist but are generally not competitive in terms of the product delivered to the consumer, largely because of a lack of ability to adapt to serve the needs of the market. They're focused on their employees instead of their businesses and end up getting outcompeted for a variety of reasons.

[–] quicksand@lemmy.world 3 points 1 year ago (1 children)

Except for Winco. Everyone I know loves Winco

[–] Cleverdawny@lemm.ee 2 points 1 year ago

WinCo is mostly employee owned but is run as a privately held business by its board of directors, not the workers. It's run like a normal company, more or less, although employee ownership does mean employees have more of a voice when it comes to business decisions.