Weaver Street Market
As an active worker-owner with Weaver Street Market Co-operative these past six years, I have worked hard not only to help WSM be successful as a business, but also as a model for democratic co-operation. It is with regret that I have to report that WSM continues to fail on both counts. It is time now to begin an active, community-wide conversation about the future financial and co-operative direction of WSM, and I invite OrangePolitics to take part in that conversation.
Bottom line: WSM has a crippling long-term debt of $8 million, incurred undemocratically in order to pay for the dubious expansion project of 2007/2008. That debt is costing our co-op millions in capital and interest repayments each year. Hence, the need for the 15% sales increase in 2011. With similar efforts required in the next four years.
It is WSM workers who are having to make those repayments by working ever harder, for less. We get longer opening hours. Less shift hours. Insufficient staff support. Paltry pay raises. And no dividend (haven't seen one for the past three years).
Part of the latest Weaver Street Market newsletter states that Weaver Street Market has sold their property at the corner of Greensboro and Main Streets to Mark Pantlin of Raleigh. (This was the former location of WCOM and Community Realty.) Apparently they had high hopes for this high-profile property in the center of Carrboro, but finally resigned themselves to just taking the money and avoiding the hassle of a new venture and new development. I keep hearing the word "Walgreens" come up in discussions of this corner, so this makes me nervous.
A friend and I did a little research to see if we could find out more about this developer. Pantlin lives in Cary, and on a LinkedIn profile he says he is President of Pantlin Development. (But he only has one connection on LinkedIn, and the NC Dept of State says Pantlin Development was dissolved in 2009.) I found him on this neat CorporationWiki network map (at left), which also lists some other companies to which he may be related. It also looks like he donated to the Republican National Committee in 2001 and to George Bush in 1999.
Of more concern is the possibility of a national chain not just locating, but developing a lot (or multiple lots, probably) in the heart of Carrboro. Since it would be right across the street from an existing chain drug store, you can't even really argue that it's meeting some community need.
Sunday, October 25 at the Carrboro Century Center 6:30 pm Local Food Tasting Meeting 7:00 pm - 9:00 pm
The Annual Meeting is an opportunity to share your thoughts, find
out what your fellow-owners are thinking, and have an effect on our
future together.
• Engage in lively dinner conversation about the Co-op of the future!
• Hear the "State of the Co-op" reports from the General Manager and the Board of Directors!
• Hear Michael Shuman Speak on "Building a Local Food System" - Get your ticket now!
• 4th Annual Cooperative Community Fund Awards!
• Meet the candidates for Board of Directors!
• Vote for a candidate for the Board of Directors!
• Raffle prizes!
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View more information on Michael Shuman and tickets here. |
Date:
Sunday, October 25, 2009 - 2:30pm to 5:00pm
We thought turnout for the municipal elections in Carrboro was low, but word on the street is that the turnout for the board elections at Weaver Street Market is abyssmal. Apparently
even though many folks in Carrboro are members of the Weaver Street
Market cooperative, only a couple of hundred members actually vote in a
given election for the board. Considering there are probably 10,000+
members (educated guess based on the membership numbers i'm hearing people give at the register these days), that's a 1-2% turnout rate. Considering that the market is
arguably the soul and conscience of Carrboro, it's surprising
that so few people take a moment to learn about the candidates and take
the important step of voting.
This year we're hoping that changes. So
in an effort to promote voting of "consumer-owners", both candidates
for the board have written this piece to get the word out about the
voting, to tell you a little about ourselves, and to encourage each of
you to reach out to your friends and neighbors and encourage them to
vote as well.
Hi, I'm new to this site (which I was pleased to discover via google), and I have some questions regarding Carr Mill Mall/Weaver Street Market's policies.
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