If you’re like us, you need an occasional reminder that there are actually some positive developments in the world. Our ninth annual Good Business issue provides just that, with a look at individuals, companies and nonprofits tackling some extreme challenges, including the plight of migrants, racial and gender inequality, food waste, deforestation and child labor. We also examine efforts to hold companies to account—including a professor’s list that identifies those that dragged their heels on exiting Russia after its invasion of Ukraine and a snapshot of US corporate settlements and penalties issued since 2008. As the cost of next to everything goes up, it’s never been more important for businesses to show they’re doing more than maximizing shareholder returns.
As pandemic business booms go, Misfits Market has had a particularly steep curve. The Philadelphia-based online grocer, which specializes in bruised, lumpy or otherwise screwball organic produce, was already growing nicely by March 2020. It had steadily climbed from 600 square feet of storage space, consisting of two industrial refrigerators tucked inside a tiny garage in North Philly, all the way to a 140,000-square-foot warehouse in South Jersey. It had 90,000 customers and was shipping boxes of food to people living as far north as Maine, as far south as Florida and as far west as Illinois. And then: the lockdowns. “My first thought was, ‘We’re going to have to shut down the warehouse, and our revenue’s going to go to zero,’ ” recalls Abhi Ramesh, Misfits’ 30-year-old founder and chief executive officer.
Denne historien er fra December 12, 2022-utgaven av Bloomberg Businessweek US.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 12, 2022-utgaven av Bloomberg Businessweek US.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers