A Cooperative is a business owned by and operated for the benefit of those using its services. Law dictates that profits generated by a Cooperative be distributed among Owners or re-invested in the business to expand products and services. There are several different types of co-ops: consumer co-ops such as Wild Root Market Co-op, producer co-ops such as Organic Valley, worker co-ops such as Equal Exchange, and housing co-ops. Credit unions (maybe you belong to one!) are financial co-ops.
In food co-ops such as ours, you become an Owner by buying a share of the business — joining with your neighbors to provide the money that allows the co-op to exist. Your investment demonstrates that you support the mission of Wild Root Market - to open a full service grocery store dedicated to strengthening our local economy and supporting local, sustainable food production. Your investment helps create a more responsible and just food system.
Food co-ops are not a new idea or niche market. There are more than 250 food co-ops in the US that generate over $1.4 billion in annual revenue and owned by over 1.3 million consumer Owners. Collectively, food co-ops are the third largest buyer of natural foods.
Questions? Email us at [email protected]
Not yet an Owner? What are you waiting for?