Press-Republican

Business

December 10, 2012

Ticonderoga heads toward food co-op

TICONDEROGA — Many Ticonderoga residents are hoping a new study will help them start a food cooperative in their community.

Reaction to the study under way now by CDS Consulting of St. Paul, Minn., has been very positive, Ticonderoga Town Supervisor Debra Malaney said.

“It’s pretty exciting,” she said. “It would absolutely be a wonderful addition to

Ticonderoga.”

CO-OP FOCUS

CDS was involved with planning for the successful Middlebury (Vt.) Natural Foods Cooperative, and Malaney said she hopes they can do the same for Ticonderoga.

Ticonderoga hasn’t had an independent grocery store since the downtown Ticonderoga Market closed in the late 1990s after the Wal-Mart SuperCenter opened at the Four Corners. Wal-Mart has a grocery section.

A food co-op would be located in the downtown business district and feature an emphasis on local, healthy foods. The grocery store would be owned by members, who would work there in exchange for discounts and other incentives.

FUNDED BY GRANT

The town is using a $20,000 State Department of State Quality Communities Planning Grant, obtained through PRIDE of Ticonderoga, for the study.

“It will examine the feasibility of a community-owned grocery store in downtown Ticonderoga,” Malaney said. “It will also outline preliminary steps toward its establishment. It should result in a lot of great information.”

PRIDE Executive Director Sharon Reynolds said that setting up a food co-op is a significant undertaking, so having a report that outlines the path they need to take will be invaluable.

“There’s a lot to learn about establishing a consumer-owned co-op. It requires an active and interested community, which I believe we have here.”

She said William Gessner of CDS has been in town working on the study and presented the financial pro forma statement for a co-op to PRIDE and town officials on Dec. 6.

Text Only | Photo Reprints
Business
Colin Read's Column

Business Spotlight
Peter Hagar's Farm Column

Farm Briefs
Videos: Business News
Looming Demand Could Undercut Flight Safety Six Indicted in StubHub Hacking Scheme Trump: DC Hotel Will Be Among World's Best AP Review: Amazon Fire Adds Spark to Smartphones All Aboard! LIRR Strike Averted Microsoft to Cut Up to 18,000 Jobs Time Warner Rejects Murdoch's Takeover Bid Yellen Says Economy Still Needs Fed Support Cleveland Expects Economic Boom From Lebron Justice Dept. Fines Citigroup $7 Billion Justice Dept. Fines Citigroup $7 Billion Downside of Low Mortgage Rates? Less Selling Cupcake Shop Crumbs Shuttering All Its Stores San Francisco Prepares for Soda Battle Dow Breaks Record 17,000 GM Crash Compensation Could Top $1 Billion GM Won't Limit Crash Compensation Funds