Living the dream of re-use and recycle, what was once
an A&P grocery store at 268 East Front Street in downtown Burlington
- will be a market once again.
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Fresh from the source: Get the latest Company Shops Market news and
updates:
You will receive occasional updates
(every 2 weeks on average) about
the progress of Company Shops Market. We
respect your privacy and will not sell, rent
or share your email address.
8/27/10 Fridays On Front:
Russell Johnson & Friends.
Potluck @ 6pm, Concert @ 7pm
Have plans for Friday Night? How does sitting in a lawnchair
in downtown Burlington on a Friday evening sipping something cool,
while listening to the Jump Back Band sound to you? Wonderful? We thought so.
CSM will have a pre-concert potluck get together at the
Company Shops Market building parking lot at 6:00pm. Bring your lawn
chair, something to eat and drink (we'll have coolers, cups, plates,
etc.) and then stroll down to the concert. Hope to you see you
there!
The concert will be held in the Burlington Downtown Depot area (Front Street
& Main Street) at 7:00pm this Friday night, Aug 27th.
Fridays on Front is brought to you by the
Alamance Arts
Council and the
Burlington Recreation & Parks Dept. Be sure to come down and
support the efforts of the Arts Council, the City, and your market
to bring summer fun and entertainment to our community and
especially our downtown.
We're looking to hire a General Manager!
Company Shops Market,
Burlington, NC, is currently
seeking a full time professional
General Manager to open and
operate our co-op natural foods
grocery store, opening in early
2011. It is our intention to
fill this position by mid
September, 2010.
Click here for more information
Company Shops Wins Grant! Governor Bev Perdue
just announced that Company
Shops Market will be a recipient
of a Main Street Solutions Fund
Grant. The City of Burlington,
Burlington Downtown Corp. and
Company Shops Market have won
$298,460.
Read the full press release on
the Governor's website
Burlington Awardees:
City of Burlington, Burlington
Downtown Corporation, Company
Shops Market
Name of
Project: Company
Shops Market Grocery Cooperative
Jobs
Created: 11
full-time, 14 part-time, 59
construction
Description of Project:
The Company Shops Market Grocery
Cooperative will be a 7,000-sq.
ft., full-service natural food
store and café that will offer
an extensive selection of fresh
produce and meat with a focus on
local products, prepared foods,
packaged grocery, dairy, frozen
foods, bulk foods and wellness
products. The Main Street
Solutions Fund grant will be
used for the sustainable
retrofit (building shell
improvements and interior
building code improvements) of
the market’s future location,
268 East Front St., in downtown
Burlington. The City of
Burlington will invest an
additional $1.73 million in
street and streetscape
improvements.
The
Numbers:
1,710
$602,800
Owners
Community Investment
We're growing every day. Please join us in bringing Company Shops
Market Co-op Grocery to Alamance County.
Fidelity Bank Approves Loan to
Build Co-op Once Investment Goal
is Reached
Your community-owned, local
grocery store is one step closer
to opening! Once owners invest a
minimum of $800,000 (only
$307,000 left to go!), a bank
loan of $1.1 million will be
required to secure the funds
needed to open the store.
Fidelity Bank has agreed to
provide this loan, backed by a
USDA guaranty, once the $800,000
owner investment goal is
reached.
Here’s the step-by-step list of
the funding-to-open process for
the co-op:
Find bank to loan $1.1M
-
DONE
Secure USDA warranty for
loan –
DONE
Raise $800,000 in investment
from owners –
More
Than Halfway There
Receive loan –
Hopefully A Quick Process
Open in 6 months! –
Home Free
Fidelity Bank was selected, in
part, because it is a local bank
that has supported the co-op
since early stages.
Additionally, Fidelity Bank is
offering a great incentive for
CSM owners who open a checking
account with them.
Owners:
Get a $150 Company Shops Market
gift card when you open a
checking account with Fidelity
Bank
Fidelity Bank is offering new
and existing co-op owners a
$150.00 Company Shops Market Gift
Card* to co-op owners
that establish a banking
relationship with
Fidelity Bank (*at the six
month anniversary)
Just open a primary checking
account (personal or
business) with
E statements,
Online Banking and
Debit Card.
For complete details, please
contact Fidelity Bank at
336.227.1157.
New ownerships can also be
purchased at Fidelity Bank on
South Church Street, Burlington.
“Fidelity
Bank is pleased to partner with
Company Shops Market in this
local project that will serve
our community and support our
local businesses.”
~ Senior
Vice President of Fidelity Bank
Preferred Shares Now Available Are you ready for
the grand opening of Company
Shops Market? We are so
close. Construction can
begin just as soon as we sell
$300,000 in preferred shares.
With a little help from you, we
can be open for business this
year.
Mail
the signed
Subscription Agreement
and your check
to:
Sharon Dent,
Company Shops Market, Inc.,
Post Office Box 848,
Burlington, NC 27216.
It's that simple.... For more
information, visit our
Become An Investor page.
Video Available from Annual
Owners Meeting: April 20th, 2010 If you were not able
to attend the 2010 Annual Owners
meeting, here is your chance to
see what you missed:
Boardmember Eric Henry announces
"We have financing" Eric Henry and Tom
Manning of Fidelity Bank speak
at the April Community Table
gathering
$50,000 Investment We are thrilled to
announce that we received a
$50,000 investment this week.
Thank you to the Smith Family
Foundation for moving us a
substantial step forward towards
our goal of opening the co-op
this year.
Tony Crider Speaks at the March
Community Table Gathering:
Company Shops Market
owner and volunteer, Tony
Crider, speaks about what we as
owners need to do to get the
market open this year. 1)
Recruit new owners. 2) Become an
investor. 3) Volunteer
Letter
To Our Owners:
Dear Co-op Owners, our board
members have put together a
brief report on the "State of
the Co-op", with an overview of
what we have accomplished
already and where we are going
in 2010.
Now available at J&L Bicycle:
Company Shops Market logo
t-shirts, hats & stickers:
We've
had numerous requests asking how
to buy CSM Stickers and Tees
outside of CSM events. Tara
Jones-LeGros has generously
offered space in her store so
you can conveniently purchase
your Company Shops logo gear.
J&L Bicycle is open Tue-Fri
10-6 and Sat 10-5.
If you haven't already visited
this locally owned and operated
hometown bike shop, you are in
for a treat. The bike store is
located just down the street
from the CSM building at 216
East Front Street, (that's
Burlington, NC of course) on the
same block as Bella's House and
The Glass Angel.
Give the gift of
local food, a vibrant downtown and the vision of a sustainable
future for Alamance County.
What better way to
express your support to a loved one than to invite them to join
the Company Shops Market family. Company Shops is offering gift
memberships which can be mailed directly to your recipient with
a personalized message letting them know who sent the gift. Give
the gift of company shops market to a friend or family member.
Meeting
of Owners: Construction Plan and Financing
For those of you who missed the Owners Meeting and for those of you
who would like to review what you heard on Tuesday night, the
presentation overview is available!
“Building the Vision”: Company Shops
Market Investment Program & Market Design Preview
- The
presentation is now
available online. You can also find this information on the
Design Preview page in
the About Us section.
Our main topics of discussion were: the cost and plan of
construction, revised floor plan, and financing of this phase of the
project. We also kicked off our owner investment notes
fundraising campaign. Our goal is to quickly move on to the
renovation and upfit. The faster we complete fundraising, the faster
we get the market open!
It's an exciting time to be a part of
Company Shops Market! If you should have any questions, or would like an investment
package to review in advance, please email me at: contact@companyshopsmarket.coop.
Company Shops Market Co-op is very pleased
to announce our location.
Living the dream of re-use and recycle, what was once
an A&P grocery store at 268 East Front Street in downtown Burlington
- will be a market once again.
The generosity and commitment of Bob and Kathy Hykes,
the Hayden-Harman Foundation, and our growing number of owners and
stakeholders, will allow the co-op to purchase our building. The
purchase of this building will serve as the kick-off of our
investors program. Tell everyone you know that we need that support
in order to renovate the building and get the market opened as soon
as possible. $2 million dollars must be raised to convert our
building into a modern grocery store and get the market opened.
Watch for more information on how you can be a part of revitalizing
downtown.
At present, we have over 1470 family and individual
owners. This will be a store owned by the
community, run by the community, and supported by the community, so
we’re asking you to do your part to help get the market opened!
Become an owner,
buy an investment note and
tell your friends about the market.
Bill Moser has prepared an architectural drawing of
the new storefront. He has made our building come alive again! Just
picture yourself sitting in the outdoor dining area enjoying fresh,
local food or a great cup of coffee with friends. It is so exciting
to see this plan coming together! The latest news will always be on our
Facebook group page. You can also now keep up with us on
twitter: http://twitter.com/companyshops. Congratulations to all of us for
getting to this point!
Company Shops Market
is featured on TreeHugger.com!
"Can Community Co-ops Revive Our Towns? Hometown
Security through Local Co-ops:
The current climate might not seem like the best time to open a
grocery store. A group of residents in Burlington, NC - a town that
has seen its fair share of unemployment and company closures over
the years - would beg to disagree. They argue that this is exactly
the time to support local, sustainable businesses that can breathe
life back into America's towns and cities. That's the inspiration
behind Company Shops Market - a locally owned co-operative that is
setting out to refurbish an old grocery store built in 1949,
offering local, sustainable food from the area's farmers. But can
community co-ops offer a more sustainable solution to economic
development?
Read the full article on TreeHugger.com...
What is Company Shops Market?
A
Co-operative Food Market for Burlington!
Company Shops Market is a cooperatively
owned, full-service grocery store and cafe
coming to Burlington. Conscientious shoppers are ready for a
conveniently located store committed to
local, organic and sustainably produced
food!
Our vision as a community-owned grocery and
gathering place is to provide exceptional
food products utilizing, as much as
possible, our local, small, sustainable
farmers. Company Shops Market will provide
outstanding products to people who want to
know where and how their food is raised,
will provide a fulfilling workplace and
shopping experience and will provide an
incentive for the preservation and
initiation of small, local farms thereby
supporting the well-being of our entire
community.
Company Shops Market will operate a retail
storefront open 7 days a week, 12 hours a
day and staffed buy a full-time, paid team
of employees. It will sell sustainably grown
and organic produce, grocery, dairy,
deli/salad bar items, bakery, bulk, meat,
beer and wine and health and body care
products. The Co-op also plans to offer an
organic coffee bar and fresh sushi!
Everyone will be welcome to shop at Company
Shops Market, but to support this grassroots
effort and receive owner benefits, please
purchase your share today!
Become An
Owner
Watch
Our Video!
Turn on your speakers and click the
play button to learn more about the Company Shops Market vision for
Alamance County.
Letter
To Our Owners: 
We've
had numerous requests asking how
to buy CSM Stickers and Tees
outside of CSM events. Tara
Jones-LeGros has generously
offered space in her store so
you can conveniently purchase
your Company Shops logo gear.
Sharon
Dent
