“We’ve had open elections among our membership since 2013 for board seats, but we’ve struggled to fill them the last few years,” says Nick Landry, the current chair of the Granite City Grocery board. Currently, the board is down to four members from the original thirteen, and two of those board members will be stepping down this June after several years of service. The remaining two board members are willing to serve one more year to train a new board, if others step up to run for and serve on the board this June.
For the Granite City Grocery to continue, new leadership will have to step forward and be ready to take on finding a way forward, which would likely have to include changing the vision of offering conventional food at a lower price point. Organic and natural foods have a far higher margin, which leaves more margin for paying the store’s overhead and staff, which might make the entire project more viable. That would be for the new board to explore, as well as potential ways to meet the vision of Granite City Grocery without the cost of opening a brick and mortar store.
Thursday, June 10 - Virtual Annual Meeting
We will hosted online question and answer sessions via Zoom to allow our owners the opportunity to speak with our directors. A recording of the meeting is available on our You Tube page.
Friday, June 18 - Polls Close
Final Tally: 112 members voted with17 votes to keep the co-op going and 95 votes to dissolve.
The Board of Directors will proceed with the process of dissolving by contacting members to ask if they want their share of the remaining equity to be refunded or donated.
Granite City Grocery
Board of Directors