432 N. Lake Street Madison, WI 53706  608-890-0780

Tagged: “Retail Grocery Cooperatives”

Ownership Differentiates Willy Street Co-op In A Changing Grocery Market

Ownership Differentiates Willy Street Co-op In A Changing Grocery Market

Willy Street Co-op is a set of cooperatively owned retail grocery stores in Madison, WI. Founded in 1974, they now have 35,000 member-owners and about 400 employees across three stores. This last fiscal year, the co-op generated about $52 million in sales, making them one of the largest grocery co-ops in the country. The grocery market has changed with changing consumer tastes and habits over the past several years, with everything from store size to product mix needing to adapt. Retail grocery co-ops have struggled at times to find their niche in a marketplace where local and organic/natural products are more widely available at traditional grocery stores and online. They have found that operating transparently and openly, emphasizing cooperative ownership and owner literacy, has provided a point of differentiation for Willy Street Co-op in the current marketplace.

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Growing A Successful Retail Food Co-op By Meeting Your Member’s Needs

Growing A Successful Retail Food Co-op By Meeting Your Member’s Needs

The Great Basin Community Food Co-op serves the Reno, Nevada area. The co-op started as a private buying club and was initially located in the back of a punk record store, but continued to grow their sales and members. In 2008, they opened to the public in downtown Reno with 500 feet of retail space, eventually hitting $1 million in sales in one year. In 2012 they moved to another 3-story location of about 3,000 square feet (on the main floor) even closer to downtown. In 2017, the store had about $4.5 million in sales after rapid growth in previous years. The best way for aspiring co-ops to be successful is by reaching out to their community and meeting their members’ needs. In addition, co-ops should focus on their honing their core priorities so that so they don’t get off track, building capacity and buy-in with a core group of people.

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