Weaver Street Market
Weaver Street Market is moving from discounts at the register to a
patronage dividend system, and the Board of Directors wants your
feedback and the opportunity to answer your questions. If you are
unable to attend this meeting, another will be held Sunday, May 31st
at 7pm in the Carrboro Century Center. Or, you can email our Board
directly at
board@weaverstreetmarket.coop.
Date:
Wednesday, June 3, 2009 - 3:00pm to 5:00pm
Weaver Street Market is moving from discounts at the register to a patronage dividend system, and the Board of Directors wants your feedback and the opportunity to answer your questions. If you are unable to attend this meeting, another will be held Wednesday, June 3 at 7pm in the Big Barn in Hillsborough. Or, you can email our Board directly at board@weaverstreetmarket.coop.
Date:
Sunday, May 31, 2009 - 3:00pm to 5:00pm
Weaver Street Market will change the way it rewards consumer owners. Starting at the end of June, consumer owners will receive a Patronage Dividend at the end of the year rather than a 5% discount on some products at the cash register. The co-op will also eliminate its 10% discount for senior citizens on Tuesdays and Wednesdays. Like many businesses, Weaver Street Market is going through a difficult financial time; the change is expected to save the co-op $60,000 per month. “Changing from discounts to dividends, along with other changes that our staff is making, will put us back in the black,” said Dave Rizzo, Chair of the Board of Directors. The co-op is currently losing $65,000 a month primarily because sales are down 12% compared to last year in its Carrboro and Southern Village locations. The lower sales are due to the economy and increased competition.
The Agenda
for our May 20 Board Meeting includes major reports from the General
Manager on our financial position and on our Owner Investment and
Return policy. Both of these items have been out of compliance in
recent months and the GM will be reporting on his progress and plans to
get us back on track. Date:
Wednesday, May 20, 2009 - 2:15pm to 5:15pm
Location:
Corner Building (corner of Weaver St and Greensboro St; aka WCOM or Community Realty building), Carrboro
The Board meets on the third Wednesday of each month in the Community Realty building on the northwest corner of Weaver and Greensboro Streets in Carrboro. Meetings run from 6:30-9:30pm and all owners of the Co-op are welcome to attend as observers. To confirm an upcoming meeting, please contact the board
here.
Date:
Wednesday, February 18, 2009 - 1:30pm to 4:30pm
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