Fast-growing City Fresh Foods sells a minority stake to its employees
Partners Sheldon and Glynn Lloyd say itâs a way to address inequity
By Jon Chesto Globe Staff,Updated January 7, 2021, 3:53 p.m.
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City Fresh Foods management is selling a stake in the business to its workers via an employee stock-purchase program. CEO Sheldon Lloyd posed at the company.Jonathan Wiggs/Globe Staff
City Fresh Foods in Roxbury is in high demand, as the food provider has raced to distribute locally produced meals to homes in and around Boston during the pandemic on behalf of various nonprofit agencies.