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From the GM PDF Print E-mail

 alexA Successful Year of Support for Our Community

 

by Alex Gyori
November 2013

One of the Ends Policies of BFC is the following: “Reasonably priced food and products with an emphasis on healthy, locally grown, organic, and fairly traded goods”.

As we tallied up the statistics for the yearly Ends Policies monitoring report to the Board of Directors this past summer, one set of data revealed that our new store has by far exceeded our expectations: BFC’s support for local producers and businesses. The volume of business generated within our defined local area increased dramatically during the first year of operating.  There were 92 businesses of various types added to the Co-op’s network of vendors.  That’s an 18% increase over the previous year, a substantial leap forward. These vendors, including producers and suppliers of business goods and services, are all located within a 100-mile radius of the Co-op, as well as all of Vermont. The graphs and tables that you see below present a clear picture of the scope of the expanding impact of a business owned by over 6,000 BFC shareholders. We can be justifiably proud of the significant contribution that our Co-op makes to the economic vitality of our local community.

Local Products Storewide

• BFC carried 3,241 different local products in FY 2013. This is a 21.7% increase from the previous year.
• The growing season is the time when our produce department distributes a huge volume of local products. The chart below shows how this ebbs and flows throughout the year, and more significantly, that the volume of products that the Co-op needs to carry could absorb substantially increased local production.
• In support of the day-to-day local trade, the Co-op’s newsletter presented 23 articles and other items promoting local products or vendors during the recent fiscal year, compared to 22 the previous year.