company-store

Workplace retail outlet

A company store is a retail shop owned by an employer and operated for its workers, historically common in mining towns and factory communities where workers lived on company property.

Workers were often paid in company scrip redeemable only at the company store, which typically charged inflated prices—creating a cycle of debt that trapped employees.

I owe my soul to the company store.

The term now refers figuratively to any arrangement where an employer controls access to goods or services its workers need.

historical

coal mine

Underground fuel extraction site

mill town · payroll deduction · mining camp · lumber camp · commissary · wage slavery · indentured · monopoly · overpriced · captive market

figurative

trapped

Unable to escape

rigged system · monopoly · captive · unfair pricing · debt cycle · coercion · predatory · inescapable · beholden · indebted

retail

employee discount

Reduced price for workers

merchandise · uniforms · supplies · Amazon · corporate · subsidized · convenience · break room · vending · paycheck deduction

Opposites
ownership and independence

company-storesmall business

Modest independent commercial venture

private enterprise · mom-and-pop store · general store

economic freedom

company-storefree market

Commerce without state intervention

open market · cash economy · fair trade · living wage · economic liberty

market structure

company-storecompetitive market

Many sellers, price-taking firms

bazaar · farmers market · free market · free enterprise · shopping district

Family

company, store, companies, companion, companionship, accompany, accompanied, accompanying, accompaniment

Familiarity
Top 1,000,000
Profile
Mostly American · Timeless · Concrete · Everyday, not technical · Rated G