Again, I've been thinking about taking the plunge and becoming a member-owner at the Lexington Co-op. I've debated this for as long as I've shopped there, which started about 8 years ago at the old location on Lexington.
I miss that old, tiny, funky store some days. I've almost forgotten what the corner of Elmwood and Lancaster used to looked like prior to the new construction. In the end though, I think the move was great not just for the Co-op but for the neighborhood as a whole. That was a corner that was effectively dead, and if you look at it now people would probably not believe it.
I have some reservations about what exactly it is I'm getting for my $80. The purpose of the money is obvious - it is a direct contribution to the operating budget, amongst other things. The Co-op used to give a flat 2% discount at the register, which they did away with January 1 in lieu of a new program of dividends and member specific discounts. The dividends are given in "profitable years." By their own admission the Co-op has been profitable only about 25% of the time - I'm not confident at all the business is being run profitably because it's easily illustrated that it hasn't been. Maybe the new store will help that over time, but what's the point in trumpeting a dividend program when it's an open question whether or not the business is actually being run like a business?
They give member-only discounts on around 25 basics, including milk and eggs. Ok, fair enough. On their website they characterize it as "every day low prices" on these items - why not give us specifics on that?
I have a problem with substituting a direct, clearly understood benefit for a nebulous benefit. They sell it as being a great program but I'm not a sucker - business plans illustrated as if they were drawn on a paper napkin are not impressive to me.
I feel like I've just looked at a diagram of quack ecoscience applied to a business model. In the end, I think the major thing the Co-op is relying upon is a sense of altruism from the people who become member-owners. A commitment to the community, so to speak. Sorry, but that's not good enough for me. Is shopping at Wegman's any less of a commitment to the community, based on how they run their business? I or anybody else could take that $80 and put it towards a CSA and achieve the same sense of self-righteousness, but actually see a tangible, realistic benefit. With the 2% dividend, you knew that if you spent a certain amount of money at the store that your initial investment in the store would be recouped. There is no such guarantee with the new plan, and they characterize it as an improvement. As they say in England, do me a favor...
Anybody have experience being a member-owner and care to share for me how you felt about it?
Joshua's Journal
My Podcast Link
06/05/2009 11:42 #48841
Co-op Ownership06/02/2009 09:32 #48823
The Greatest Prank In HistoryPerhaps you've heard of this already. For those of you who have not, Sacha Baron Cohen has one question - "Hey Eminem, how does my ass taste?"
I love this picture. Eminem looks like he's short of breath. What's wrong, bud?
Read more about it here - you'll see some pictures and a video of the stunt.
How gay is Bruno? I think this character has the potential to be even more outrageous than Borat.
The thing about Baron Cohen, which they do point out, is that typically his characters victimize unsuspecting individuals who are not in on the joke. As it turns out, the joke was on all of the celebrities in attendance - Eminem was in on it, complete with a full dress rehearsal.
I love this picture. Eminem looks like he's short of breath. What's wrong, bud?
Read more about it here - you'll see some pictures and a video of the stunt.
How gay is Bruno? I think this character has the potential to be even more outrageous than Borat.
The thing about Baron Cohen, which they do point out, is that typically his characters victimize unsuspecting individuals who are not in on the joke. As it turns out, the joke was on all of the celebrities in attendance - Eminem was in on it, complete with a full dress rehearsal.
metalpeter - 06/02/09 19:33
That was the highlight of the night and I watched some of the awards over again just to see that part. He sold it so well that he couldn't stand it. Security played it so well by attacking him. It was perfect it really was. I think Eminem being who he is made it seem so real. I'm guessing that if he heard Paris was asked first and said no, he knew it would be great to get that buzz going. He does have a new CD and Tour, buzz helps. The part that is ironic now is that in one of his songs he picks on Tom Green and does that line about my butt is on chin my butt is on your chin. On another little side note I don't really know this charcter but I did see a preview before a movie I saw recently and Bruno looks very funny I and others where laughing at the preview (before terminator).
That was the highlight of the night and I watched some of the awards over again just to see that part. He sold it so well that he couldn't stand it. Security played it so well by attacking him. It was perfect it really was. I think Eminem being who he is made it seem so real. I'm guessing that if he heard Paris was asked first and said no, he knew it would be great to get that buzz going. He does have a new CD and Tour, buzz helps. The part that is ironic now is that in one of his songs he picks on Tom Green and does that line about my butt is on chin my butt is on your chin. On another little side note I don't really know this charcter but I did see a preview before a movie I saw recently and Bruno looks very funny I and others where laughing at the preview (before terminator).
joshua - 06/02/09 16:45
I know, I wrote about it at the bottom of the page... maybe I should have put that information first, before the trauma from the picture sets in! Ha. It was an amazing hoax though, and I still can't believe that Eminem went along with it. I almost cannot believe that he'd allow a bare-assed man to straddle his face, even in jest.
I know, I wrote about it at the bottom of the page... maybe I should have put that information first, before the trauma from the picture sets in! Ha. It was an amazing hoax though, and I still can't believe that Eminem went along with it. I almost cannot believe that he'd allow a bare-assed man to straddle his face, even in jest.
hodown - 06/02/09 11:06
It actually was a hoax, Eminem was miked up the entire time.
It actually was a hoax, Eminem was miked up the entire time.
james - 06/02/09 10:04
That picture... is... awesome! He does look out of breath, like he just had a heaping helping of ass and had to come up for air. Is that dribble on your chin sir?
I will take a look at the video and article when I get home.
That picture... is... awesome! He does look out of breath, like he just had a heaping helping of ass and had to come up for air. Is that dribble on your chin sir?
I will take a look at the video and article when I get home.
05/28/2009 16:35 #48775
Happy Birthday Golden GateOne of the most iconic Depression-era constructions, the Golden Gate Bridge, turns 72 today. SF Chronicle posted some pictures from many eras of its life -
Paid for at the time with a bond issue, as well as tolls (ostensibly for interest payments - the interest was paid off 38 years ago, but the tolls remain). Another Depression-era construction that is world famous - Rockefeller Center. Paid for entirely by John D. Rockefeller! Still in private hands as well.
Happy birthday to the most beautiful bridge on earth!
Paid for at the time with a bond issue, as well as tolls (ostensibly for interest payments - the interest was paid off 38 years ago, but the tolls remain). Another Depression-era construction that is world famous - Rockefeller Center. Paid for entirely by John D. Rockefeller! Still in private hands as well.
Happy birthday to the most beautiful bridge on earth!
twisted - 05/28/09 23:23
She's a beaut all right.
She's a beaut all right.
metalpeter - 05/28/09 18:45
Happy Birthday. It is an amazing bridge and it would be great to see it in person again it has been so long since I've seen it. I think it would be nice to be on that beach area also.
Happy Birthday. It is an amazing bridge and it would be great to see it in person again it has been so long since I've seen it. I think it would be nice to be on that beach area also.
tinypliny - 05/28/09 18:05
Actually, when I was in SFO, my brother and I went across the bridge to Sausalito and couldn't cross back. They had closed off the bridge because yet another jumper. One of the cordoning officers told us that he had jumped off of it a mere few minutes after we had walked past that spot!
Actually, when I was in SFO, my brother and I went across the bridge to Sausalito and couldn't cross back. They had closed off the bridge because yet another jumper. One of the cordoning officers told us that he had jumped off of it a mere few minutes after we had walked past that spot!
tinypliny - 05/28/09 17:51
Did you know that Joseph Strauss - the chief engineer of the bridge was just 1/2 an inch taller than me - at 5ft?
Apparently, the GGB holds the record for the maximum attempted as well as successful suicides off of any bridge.
:::link:::
Did you know that Joseph Strauss - the chief engineer of the bridge was just 1/2 an inch taller than me - at 5ft?
Apparently, the GGB holds the record for the maximum attempted as well as successful suicides off of any bridge.
:::link:::
06/03/2009 19:52 #48833
Carmen's KitchenFor (e:heidi) and anyone else that is curious -
The place is on the corner of Auburn and West, deep on the west side. This is what you're looking for:
This is facing the West St. side. West is a southbound one way street - you can take Lafayette and go down that way to Auburn, or do what I did, which was to take Auburn and drive the wrong way 20 ft (purely accidental, I assure you) and park in the first available spot near the corner.
This is how it works - basically, when you walk in you'll have some steel grate between you and the cashier, on the right. You pick up your food, and the food is then slotted through a locked Plexiglas window to you. I could see some white bread types being intimidated by this process - if that is you, order delivery because the west side will probably freak you out to begin with. What you'll miss, however, is some really friendly people. The guy in there was great and I'll be back in person many times.
The food: we ordered a lot because we wanted to give people a reasonable sample of the menu. We ordered two entrees and two sides, which quickly grew to include two desserts. I never order desserts when I eat outside of home, but I had to try the flan. They insisted I try the bread pudding as well and hooked me up with that.
For starters, the rolled tacos with salsa, guacamole and sour cream ($2.25).
Hot, crispy, awesome. These are stuffed with beef - they had beef and pizza to choose from... we had the beef. The salsa and guac - oh my god, fantastic. I have to say, this is a nice little side.
Next - a beef pastelillo ($1.75).
Typical - these are on hand and warm when you arrive. It is what it is - quick and cheap fried pocket filled with beef. Not bad, not spectacular.
Next - my entree. Pernil (roast pork) with red beans and rice and fried plantains ($7.95).
I love roast pork - this was succulent without being fatty, had the qualities of roast pork that I enjoy (different textures that ultimately affect the flavor). The plantains came with a dipping sauce which I can't describe perfectly, other than to say it is very much like a remoulade. I love beans like this - as it should be, swimming in the sauce with onions, spices, etc.
Jay's meal - pollo asado (roast chicken) with the same sides I had ($7.95).
A quarter of roast chicken with red beans and rice and fried plantains. Jason struggles with sauces and dressings so he ate the plantains as they were. He loved everything else - in my opinion (and perhaps Jason agrees with me) roasting is the second most perfect method of cooking, behind barbecue.
Desserts - I got talked into it, but I haven't had flan since I was in DR ($2.15).
The custard was as it should be - perfect texture. Loved the flavor. My only nitpick was that I wish the caramel sauce was a little thicker and richer.
And finally - the bread pudding ($1.75).
I might like this better than the flan - definite deeper caramel flavor, with a little denser texture. Caramel and raisin goodness - a nice surprise. Thanks Carmen's!
For me, definitely worth a second visit. They have other items on the menu that are traditional and interesting, including sandwiches (roast pork sandwich!), stews, a couple things I haven't heard of before. The Mexican side of the menu will be familiar to many - I wanted to concentrate more on the Puerto Rican side of things. What I'm most curious about on the Mexican side are the tacos and the burritos.
The place is on the corner of Auburn and West, deep on the west side. This is what you're looking for:
This is facing the West St. side. West is a southbound one way street - you can take Lafayette and go down that way to Auburn, or do what I did, which was to take Auburn and drive the wrong way 20 ft (purely accidental, I assure you) and park in the first available spot near the corner.
This is how it works - basically, when you walk in you'll have some steel grate between you and the cashier, on the right. You pick up your food, and the food is then slotted through a locked Plexiglas window to you. I could see some white bread types being intimidated by this process - if that is you, order delivery because the west side will probably freak you out to begin with. What you'll miss, however, is some really friendly people. The guy in there was great and I'll be back in person many times.
The food: we ordered a lot because we wanted to give people a reasonable sample of the menu. We ordered two entrees and two sides, which quickly grew to include two desserts. I never order desserts when I eat outside of home, but I had to try the flan. They insisted I try the bread pudding as well and hooked me up with that.
For starters, the rolled tacos with salsa, guacamole and sour cream ($2.25).
Hot, crispy, awesome. These are stuffed with beef - they had beef and pizza to choose from... we had the beef. The salsa and guac - oh my god, fantastic. I have to say, this is a nice little side.
Next - a beef pastelillo ($1.75).
Typical - these are on hand and warm when you arrive. It is what it is - quick and cheap fried pocket filled with beef. Not bad, not spectacular.
Next - my entree. Pernil (roast pork) with red beans and rice and fried plantains ($7.95).
I love roast pork - this was succulent without being fatty, had the qualities of roast pork that I enjoy (different textures that ultimately affect the flavor). The plantains came with a dipping sauce which I can't describe perfectly, other than to say it is very much like a remoulade. I love beans like this - as it should be, swimming in the sauce with onions, spices, etc.
Jay's meal - pollo asado (roast chicken) with the same sides I had ($7.95).
A quarter of roast chicken with red beans and rice and fried plantains. Jason struggles with sauces and dressings so he ate the plantains as they were. He loved everything else - in my opinion (and perhaps Jason agrees with me) roasting is the second most perfect method of cooking, behind barbecue.
Desserts - I got talked into it, but I haven't had flan since I was in DR ($2.15).
The custard was as it should be - perfect texture. Loved the flavor. My only nitpick was that I wish the caramel sauce was a little thicker and richer.
And finally - the bread pudding ($1.75).
I might like this better than the flan - definite deeper caramel flavor, with a little denser texture. Caramel and raisin goodness - a nice surprise. Thanks Carmen's!
For me, definitely worth a second visit. They have other items on the menu that are traditional and interesting, including sandwiches (roast pork sandwich!), stews, a couple things I haven't heard of before. The Mexican side of the menu will be familiar to many - I wanted to concentrate more on the Puerto Rican side of things. What I'm most curious about on the Mexican side are the tacos and the burritos.
ladycroft - 06/04/09 06:15
We order from there for International Fest (at Canisius) every year!
We order from there for International Fest (at Canisius) every year!
joshua - 06/03/09 23:42
I'll be curious to hear your opinions, guys.
I'll be curious to hear your opinions, guys.
joshua - 06/03/09 23:41
I liked it - a former co-worker of mine is Puerto Rican and for her the roast pork was major comfort food, grandma-style, so I had to try it.
I just pinched a piece of leftovers that has been in the fridge for 4 hours or so - still pretty tender. This pork was much better than the roast rack of lamb I had at Lario's in Miami, which was a lot more expensive. I'll be curious to see what you think of it - I hope you enjoy it too. My only possible point of criticism is that for some it may be the slightest shade too salty, but personally it wasn't much of a surprise.
By the way I didn't notice any oil issues with the food, really - the fried plantains weren't overly greasy. (Obvious issue with the pastelillo). Loved the tacos w/the salsa - guac is extra but good.
I liked it - a former co-worker of mine is Puerto Rican and for her the roast pork was major comfort food, grandma-style, so I had to try it.
I just pinched a piece of leftovers that has been in the fridge for 4 hours or so - still pretty tender. This pork was much better than the roast rack of lamb I had at Lario's in Miami, which was a lot more expensive. I'll be curious to see what you think of it - I hope you enjoy it too. My only possible point of criticism is that for some it may be the slightest shade too salty, but personally it wasn't much of a surprise.
By the way I didn't notice any oil issues with the food, really - the fried plantains weren't overly greasy. (Obvious issue with the pastelillo). Loved the tacos w/the salsa - guac is extra but good.
jbeatty - 06/03/09 22:28
I have passed this and wondered how it was. I can't wait to try it.
I have passed this and wondered how it was. I can't wait to try it.
james - 06/03/09 21:45
Good to know the pork was good. From what little i know of Puerto Rican food, it is all about the pork. And if, by god, you say that pork was good then I am going.
Good to know the pork was good. From what little i know of Puerto Rican food, it is all about the pork. And if, by god, you say that pork was good then I am going.
06/03/2009 12:29 #48830
Community Supported AgricultureI've blogged about this before on a couple of occasions and I'm bringing it up again this year, as it is about time for the local CSAs to be cranking out their bounty to the locals.
For a primer or two on what CSA is all about:
Wiki - Local Harvest CSA basics -
I don't know why more people don't do this, particularly you guys and gals that I know in New York and San Francisco (I do suspect CSA is a way of life in the Bay Area), or anyone else who lives in a large urban area without easy access to farm stands. Farmers markets are a great option (any city I visit, this is the first thing I want to know about), but there are a few important advantages to a CSA that I'd like to highlight, or rehighlight if you checked out those links:
a) with a CSA you'll get a better deal over the course of the season compared to retail - beautiful, organically grown produce on the cheap;
b) with a CSA, you're establishing a direct link with a local farmer and you'll know exactly where your food is coming from and under what conditions it is being grown/raised;
c) you are getting food for your money, but what you are really doing is giving these farmers seed money for their yearly operation - you are directly helping to sustain a local farm. To me that's a beautiful thing. They encourage you to go help on the farm as well, which if possible can yield a discount on your share price. I see another benefit to this - to get off of the city block, away from the racket and get out to the land, clean up your soul a bit. It can't hurt if you lead a stressful life and you'd get to know the people growing your food.
I could go on a rant about how I believe that upstate NY should be the east coast's version of the Bay Area in terms of local, seasonable, ethical, sustainable production of food. I'm a true believer - I'm a dreamer in the sense that I think all organic farmers in upstate NY should band together, push, expand and market this concept to the entire eastern seaboard. I'm talking about a new kind of agro-industrial complex whereby the conglomerate isn't an assembly of small numbers of massive farms, but massive numbers of small farms; independent but linked together with marketing efforts, shared information, a shared belief system, common goals - a brotherhood of sorts.
I'm a believer in producing food organically, with an important caveat. If it can be done without the hormones, without the pesticides, without the nasty stuff - it should be done that way. The nice thing is that over the past 5 years organic produce has gotten cheaper, but here is my big caveat with organic food that frustrates me - the basics, milk and eggs, are oppressively expensive. This is a fundamental failure of the movement. Getting together with a CSA can solve this problem (somewhat, anyway) but not all CSAs deal with dairy, poultry and beef.
I'm going to keep my eyes out for alternatives and post about them, if you really want those fresh farm eggs and hormone-free milk. Keep in mind - you can already buy milk and eggs that are practically organic but the farm simply haven't paid the thousands of dollars to the government for the privilege of being certified. (Newer farms starting up and trying to do things the right way often fall prey to this - cash is short and they put the money into the farm, not the bureaucrats). Screw the government - with a little research you can find these products that are "practically" organic, and they'll be cheaper. A local farm near my hometown of Jamestown sells such eggs (naturally raised, free range, chemical-free, etc.) for $2 a dozen. Who doesn't love the charm of a box of multi-colored eggs like that?
For a primer or two on what CSA is all about:
Wiki - Local Harvest CSA basics -
I don't know why more people don't do this, particularly you guys and gals that I know in New York and San Francisco (I do suspect CSA is a way of life in the Bay Area), or anyone else who lives in a large urban area without easy access to farm stands. Farmers markets are a great option (any city I visit, this is the first thing I want to know about), but there are a few important advantages to a CSA that I'd like to highlight, or rehighlight if you checked out those links:
a) with a CSA you'll get a better deal over the course of the season compared to retail - beautiful, organically grown produce on the cheap;
b) with a CSA, you're establishing a direct link with a local farmer and you'll know exactly where your food is coming from and under what conditions it is being grown/raised;
c) you are getting food for your money, but what you are really doing is giving these farmers seed money for their yearly operation - you are directly helping to sustain a local farm. To me that's a beautiful thing. They encourage you to go help on the farm as well, which if possible can yield a discount on your share price. I see another benefit to this - to get off of the city block, away from the racket and get out to the land, clean up your soul a bit. It can't hurt if you lead a stressful life and you'd get to know the people growing your food.
I could go on a rant about how I believe that upstate NY should be the east coast's version of the Bay Area in terms of local, seasonable, ethical, sustainable production of food. I'm a true believer - I'm a dreamer in the sense that I think all organic farmers in upstate NY should band together, push, expand and market this concept to the entire eastern seaboard. I'm talking about a new kind of agro-industrial complex whereby the conglomerate isn't an assembly of small numbers of massive farms, but massive numbers of small farms; independent but linked together with marketing efforts, shared information, a shared belief system, common goals - a brotherhood of sorts.
I'm a believer in producing food organically, with an important caveat. If it can be done without the hormones, without the pesticides, without the nasty stuff - it should be done that way. The nice thing is that over the past 5 years organic produce has gotten cheaper, but here is my big caveat with organic food that frustrates me - the basics, milk and eggs, are oppressively expensive. This is a fundamental failure of the movement. Getting together with a CSA can solve this problem (somewhat, anyway) but not all CSAs deal with dairy, poultry and beef.
I'm going to keep my eyes out for alternatives and post about them, if you really want those fresh farm eggs and hormone-free milk. Keep in mind - you can already buy milk and eggs that are practically organic but the farm simply haven't paid the thousands of dollars to the government for the privilege of being certified. (Newer farms starting up and trying to do things the right way often fall prey to this - cash is short and they put the money into the farm, not the bureaucrats). Screw the government - with a little research you can find these products that are "practically" organic, and they'll be cheaper. A local farm near my hometown of Jamestown sells such eggs (naturally raised, free range, chemical-free, etc.) for $2 a dozen. Who doesn't love the charm of a box of multi-colored eggs like that?
hodown - 06/03/09 17:57
eco-villian. thats my new favorite word!
eco-villian. thats my new favorite word!
jason - 06/03/09 16:06
NYC is in itself a giant carbon footprint. The mere decision to live there makes one an eco-villain. :)
Hahaha, I love that term. Eco-villain. Who would Captain Planet's arch nemesis be?
Seriously though Jess I have been buying more organic food lately and so far I do like it. I have no idea what spurred Josh's interest in this. I do like the idea of knowing where my food came from and who made it.
NYC is in itself a giant carbon footprint. The mere decision to live there makes one an eco-villain. :)
Hahaha, I love that term. Eco-villain. Who would Captain Planet's arch nemesis be?
Seriously though Jess I have been buying more organic food lately and so far I do like it. I have no idea what spurred Josh's interest in this. I do like the idea of knowing where my food came from and who made it.
joshua - 06/03/09 15:44
Speaking of carbon footprints, buying organic food from California, Chile, etc. is counterproductive in that regard.
I would suspect that people in the city would be doing this - few of my own friends in the area seem to be into it and I wonder why... maybe they don't share my enthusiasm, aren't sure they'd eat everything, etc. It's interesting - this sort of thing is a new food trend (just about everywhere except the Bay Area, which generally gave birth to the concept) but why? It's not exactly a new concept in WNY - Porter Farms has being doing their CSA for 14 years now - but these things haven't been common knowledge. So in my mind it seems that public awareness is really only catching up now with what's been available for some time, and now the demand is encouraging even more CSA programs. I think it's great.
I want to sign up with Porter Farms but I'm frustrated by a snag in their program - as part of the deal you have to agree to drive to the farm in rotation with other members in your "group." I'm not opposed to going to the farm 1 to 3 times a season - in fact I'd love it - but how am I going to carry all of the stuff for everyone in my group? What about those who would like to join but don't drive?
Speaking of carbon footprints, buying organic food from California, Chile, etc. is counterproductive in that regard.
I would suspect that people in the city would be doing this - few of my own friends in the area seem to be into it and I wonder why... maybe they don't share my enthusiasm, aren't sure they'd eat everything, etc. It's interesting - this sort of thing is a new food trend (just about everywhere except the Bay Area, which generally gave birth to the concept) but why? It's not exactly a new concept in WNY - Porter Farms has being doing their CSA for 14 years now - but these things haven't been common knowledge. So in my mind it seems that public awareness is really only catching up now with what's been available for some time, and now the demand is encouraging even more CSA programs. I think it's great.
I want to sign up with Porter Farms but I'm frustrated by a snag in their program - as part of the deal you have to agree to drive to the farm in rotation with other members in your "group." I'm not opposed to going to the farm 1 to 3 times a season - in fact I'd love it - but how am I going to carry all of the stuff for everyone in my group? What about those who would like to join but don't drive?
hodown - 06/03/09 15:21
Um we do CSAs here in the city. Eating local and as organic as possible is a HUGE new food trend. It's all about reducing your carbon footprint :)
Um we do CSAs here in the city. Eating local and as organic as possible is a HUGE new food trend. It's all about reducing your carbon footprint :)
jason - 06/03/09 13:51
You hippie visionary, you.
You hippie visionary, you.
joshua - 06/03/09 12:47
I've thought about doing that, but with a pig.
Not that I'm tempting anybody :) but think about the bacon!!
I've thought about doing that, but with a pig.
Not that I'm tempting anybody :) but think about the bacon!!
I used to be a member. But I joined more to support the CoOp than for the discount. I mean, as a single guy, 2% just doesn't compute.
When I moved to SF, I wrote them an email asking about the refund. They promptly emailed me a form that I printed, signed and sent back. Presto: got my check quickly.
Plus, when you join you get (or used to get...) a fancy cloth bag for carrying your groceries (and impressing the chicks).
Hi Tim!
One of the questions I had about membership was actually answered in the pamphlet I picked up at the Co-op today - it was regarding the discount for the every day stuff. I stash your raisins and bananas in my office to snack on during the day, so when I stopped by tonight I grabbed a pamphlet; lo and behold there the info was.
Maybe I was a tad harsh about the drawing - I'm sorry about that! It is a decent illustration of exactly how the cash flow works for the dividend. I think it is fair to say that it would be out of character to post something more formal on the web site instead.
I'm your neighbor, not even a block the street down Elmwood. I am a regular in the store and have been for about 8 years or so. I love a guy that has 76 reasons to become an owner - I'm stupified that you'd say hello here, so thanks for doing so! I really appreciate that you'd take the time to come here and respond. I also notice that you take the time to kindly respond to suggestions entered by people on the yellow slips - I always read them when I'm in the store.
One of the cashiers in the store made another good point to me today regarding some of the bulk purchases. Because I'm so close I'm in there 4 to 5 days a week; by all rights I really should be a member-owner but I've never really perceived the value in doing it. The reasons you've put out there are all important and have value to me, and in the end $80 is a small investment in a store that I have to admit is important to me. You're a damn good salesman, sir.
Hi Joshua. My name is Tim Bartlett and I am the General Manager of the Lexington Co-operative Market. I’m so sad you don’t like my drawing!! Sometimes here at the Co-op we take ourselves too seriously, sometimes not seriously enough â€" I guess that drawing may fall into the latter category.
Thanks so much for writing about the Co-op! I really liked your points and it is helpful to hear what people think of us.
Here’s quick lowdown on co-op ownership... The Co-op is owned by over 5,000 people from Western New York. The only reason the Co-op exists is to meet the needs of these owners and customers. It is a one time, $80 investment to buy a share in the Co-op. The Co-op uses that $80 to capitalize the business; buy new equipment, expand services to customers, and leverage loans from external lenders. The $80 is not used for operational purposes like paying staff or buying food. The Co-op has been profitable in two out of the past three years. We ended the discount program because it was essentially sharing profits with our owners before we made them â€" not a good business practice by any measure.
For me, there are 76 good reasons to become an owner, but here are my four favorites…
1. You get great benefits. I know the 2% was more predictable, but predictable often means boring. Right now, there are over 200 owner only specials in the store, in addition to the 25 bulk products in our everyday basics program. And most of the feedback we’ve heard has been overwhelmingly positive.
2. You get to help the Co-op make decisions. Each owner gets one vote in the Board of Directors elections, and if you really want to get involved, you can run for the board. We also try to engage the owners on any big decision we are considering.
3. You like the impact it has on the community. It gets me excited to work for a business that returns 53¢ of every dollar to the local economy. Are we perfect? Not even close!! But if you like the impact the Co-op has on the local economy, the environment, or the Elmwood strip, then you might want to invest and engage in the process of making it better.
4. The $80 is fully refundable. If you ever decide that the specials, the voting, or the impact just aren’t all that exciting to you, just fill out a form and we’ll buy back your share.
If you want to learn more about Co-ops, I recommend www.ncba.coop.
Ultimately, we don’t want you to feel guilty about not being an owner, and we definitely don’t want you feeling self righteous if you are. At its best, the Co-op is an example of what people can create when they come together to do as a group what they can’t do as individuals. If you think it’s right for you, then we’d love to have you.
Thanks for listening.
Tim
Tim Bartlett
General Manager
Lexington Cooperative Market
807 Elmwood Ave
Buffalo, NY 14222
716.886.1036
tim@lexington.coop
We are member owners from back at the old location. It made way more sense then. It was 2% discount flat and up to 19% discount if you worked so many hours per month (the hours which we could split between us) doing stuff like loading boxes, cutting cheese (no pun intended) etc. We also lived next store to the old building on Lexington and bought like 50% of our food there so it made sense at the time.
If you are really into it, you could probably get on the board and make a difference somehow. Frankly, as a long term member owner who shops there a lot, I would rather see the money re-invested or have prices lowered for members than to get any sort of kick-back.