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Catalyzing worker co-ops & the solidarity economy

Greensboro Residents are Creating a Low-Income Food Co-op

For more than 15 years, there were many efforts to lure a new grocery store into the space. However, while the store would be profitable, it wouldn’t be profitable enough to satisfy the demands of the shareholder-based economy of a large corporation. Fed up with essentially begging for access to affordable, quality food, residents of this predominantly African-American and low-income neighborhood decided to open their own grocery store.

After learning about cooperative businesses, they decided to open a community-owned grocery store. The store would meet local residents’ needs for access to quality food and dignified, well-paid jobs. And now it’s going to happen. When the Renaissance Community Cooperative opens in 2015, it will be a conventional grocery store (like a Food Lion or Kroger) where wages start at $10 per hour.

Read the full article at YES! Magazine

 

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