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Mountain
People's Co-operative started out as a food buying club in the 1970's and was
incorporated in the state of West Virginia in July of 1977. The storefront started
out on Beechhurst St. and was later moved to the present location at 1400 University
Ave. In the 1980's the co-op grew and went through many changes, especially
transitions in staff. It was a time of learning and experimentation for this
new business. By the end of the 80's some hard lessons were learned and the
co-op was in grave financial shape. An appeal was made to the members and the
community as to whether the co-op should continue business by going through
a reorganization, or close its doors and sell off its few assets to pay it's
debts.
The decision was made by the membership in a November 1990 meeting to go through
the lengthy and uncertain process of Chapter 11, bankruptcy reorganzation. A
local lawyer volunteered to do the work pro-bono, and the co-op was on it's
way to a new beginning in the 90's. Those years were a challenge, but the membership
and the community showed their incredible support of the store and its values
through loyal shopping and spreading of the word of the co-op to friends. The
membership and shoppers increased and the store was back on stable ground by
the mid 90's. After five years of monthly payments to vendors and federal and
state tax authorities, our last bankruptcy payment was made in February 1997.
The co-op showed its appreciation with a Community Celebration in September
of that year. It was well recieved and is becoming a bi-annual event for the
co-op.
So the future is bright for Mountain People's Market Co-op! Sales have been
growing steadily since 1993 with a 12% increase between 1996 and 1997. A consistent
staff throughout the 1990's has proved to be an incredible asset. The addition
of the full scale deli in 1991 has enhanced the co-op's clientele to include
everyone from students and families to local business people. Support your local
co-op!!! |
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