Company Shops Market Header - Alamance Countys's Co-op Grocery - Serving Burlington, Elon, Graham, and surrounding towns in Alamance County NC.

 

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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.

 
Newsletter Signup:

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.

Newsletter Archive

 

 

 Recent News:

 

Friday Aug 27th - Potluck & Free Concert!

 

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:

fundraisers fundraisers
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.


 

So when are YOU going to open the coop?

Please visit the Become An Investor Page for more.

 

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:

  1. Find bank to loan $1.1M - DONE

  2. Secure USDA warranty for loan DONE

  3. Raise $800,000 in investment from owners – More Than Halfway There

  4. Receive loan – Hopefully A Quick Process

  5. 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.

Invest in three simple steps:

  1. Review the Prospectus carefully.
  2. Complete and sign the Subscription Agreement.
  3. 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.

Read the full transcript on the CSM Blog

 

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.

 

Company Shops Market On Facebook & Twitter!

We are now on Face Book, tell all your friends to join!
Go to this link: http://www.facebook.com/group.php?gid=72332569255&ref=nf

The latest from Company Shops Market on Twitter: twitter.com/companyshops


 

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.

Yes, I want to give a Gift Ownership!

 

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.

Sharon Dent
CSM Board President

 

 

Our Location

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.

(or Watch in Quicktime Format.)

 

 

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