Economy
The village has its own independent cooperative, the Seaton Valley Co-Operative Society, which runs a small supermarket, post office and off-licence. There are also several convenience stores and public houses, such as The Keel Row pub/restaurant on Foreman's Row. The other, mainly independent stores include a regionally-renowned ice cream parlour, hardware store, pine furnishing store, motor parts store, florist and garage.
Procter & Gamble has a factory in the village, once the independent Shultons factory. Shultons formerly manufactured Old Spice aftershave before Procter & Gamble's acquisition of the brand. The factory is now employed in the manufacture of Clairol hair dye products, including Nice ‘n Easy, as well as the Hugo Boss fragrance range.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)