A Community-Owned Grocery Store Values, End Goals and Principles-Driven  Ownership: $250 equity vestment.  Benefits: voting for board of directors, participating.

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Presentation transcript:

A Community-Owned Grocery Store Values, End Goals and Principles-Driven  Ownership: $250 equity vestment.  Benefits: voting for board of directors, participating as a Hands-On Owner, receiving owner deals and patronage.  Over 1,500 total owners, about 50% of our customer base.  9 member Board of Directors  About 40 active HOOs work in outreach, communications, education, design and operations work.  The Store: 1,300 sq ft, $2M/year in sales. Planning expansion/relocation in our neighborhood. Aiming for 6,000 – 10,000 sq ft, est. year 1 sales: $5M.

The Co-op The Store Education Events Advocacy Partners hips

 But also:  CFCC: 6 new food co-ops organizing in Chicagoland. New business accounts, new borrowers backed by owner equity and community support.  Membership of thousands of socially-conscious consumers, looking to put their money to work locally. Opportunities for P6: cooperation amongst cooperatives  Now:  5 Point worker Co-op: Community Spotlight  Chicagoland Food Co-op Coalition: widespread co-op education, resource sharing, support.  P6 Cooperative Trade Movement: co-op food producer and grocers to increase market access and promote local, indie, co-op.

Vision for a Cooperative Economy Worker & distribution co- ops Co-op development funding Consumer/Retail Co-ops Community members w/ living wage jobs Utility co-ops Strong cooperative policy Farmer and producer co-ops Housing Co-ops