Also known as “The Good, Bad, and Ugly”, but not always in that order…
Quixtar Whitewash
On Tuesday the Grand Rapids Press reported that Quixtar had its first decline in annual sales – about 3% from $1.1 billion to $1.06 billion.* The company is, of course, nothing but a rebranding of the old Amway multi-level marketing scam, and it’s still owned by the DeVos and Van Andel clans, and it’s still locked like Amway was in a Mexican stand-off with the kingpins – those top-level distributors who exploit Quixtar’s bottom-level distributors as a captive market for the sale of motivational books, tapes, seminars, and other hype. Because these bottom-of-the-pyramid distributors of Quixtar products are in fact the company’s customers – few of them actually make any money selling the stuff to others, most end up buying Quixtar’s overpriced crap for themselves – a rollback in sales means fewer people willing to be the chumps at the bottom of the Quixtar pyramid.
Alticor (Quixtar’s parent company) wins another award
I am beginning to wonder who needs the biggest trophy cabinet - Alticor or Tony Stewart - as Alticor picked up another award this week.
The United States Chamber of Commerce Center for Corporate Citizenship (CCC) announced that Alticor Inc. won the Corporate Citizenship Award in the category of International Community Service. The award acknowledges businesses and chambers of commerce that have demonstrated ethical leadership and corporate stewardship through a specific community service program outside of the United States.
“Alticor is an example of corporate citizenship at its finest,” said Chamber Executive Vice President and Chief Operating Officer Suzanne Clark. “Alticor is one of our nation’s pillars, advancing important social and economic goals in communities across the country.”
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