[Vision2020] Co-op has best year ever

[Bill London]

*Moscow Food Co-op Has Best Year Ever*

Moscow Food Co-op will end 2009 with its best financial performance 
ever, according to Co-op general manager Kenna Eaton. Profit for 2009 
will exceed $200,000, doubling the Co-op's previous best year. Sales at 
the Co-op for 2009 will total approximately $7.2 million. The increased 
profit resulted from increased staff efficiency, better cost control, 
and strong support from customers.

Because of the strong sales performance, the Co-op was able to return 
some of its profits to member-owners and to employees in December. The 
Co-op distributed $10,000 to member-owners based on annual purchases. 
The 500 member-owners with the largest total purchases received 
appreciation coupons varying from $10 to $55, the first ever rebate to 
members. More than $30,000 was also returned to employees in bonuses. 
The Co-op currently has over 5,000 member-owners and 85 employees, both 
are slight increases from last year.

Much of the profit will be retained by the Co-op for other uses. In the 
summer of 2010, the Co-op will install a salad bar. The Co-op Board of 
Directors will be considering saving money for future needs, 
accelerating debt payments, and advancing strategic initiatives. 
Improvements to the Wellness and Meat Departments are also being 
considered for 2010.

The Co-op is located at 121 East Fifth Street in downtown Moscow. The 
store is open every day from 7:30 am to 9:00 pm. Membership is not 
required to shop at the Moscow Food Co-op.

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