Weavers Way (co-op)


Weavers Way (co-op)

Weavers Way is a member-owned retail cooperative in Philadelphia's West Mt. Airy section. Founded in 1973, Weavers Way Co-op was formed as a neighborhood buying club in a church basement. Since its incorporation, it has grown to 3,000 member households, with annual sales of more than $6 million. After moving to its current location at 559 Carpenter Lane, Weavers Way expanded, purchasing the adjacent building and consolidating the two buildings. Subsequent expansions included the purchase of two buildings across the street, which include a retail pet supply store, offices, meeting space, and a residential rental unit. There is also a warehouse several miles away in East Germantown. Weavers Way has participated in such events and organizations as Mt. Airy Day, Mt. Airy ArtJam, Mt. Airy YouthWorks, Mt. Airy Business Association, and Mt. Airy USA (MAUSA).

Community activities

Weavers Way is also active in the community in other ways. The Marketplace Program partners with area elementary schools to teach students about health, nutrition, business and cooperation. Under supervision of school and Co-op staffers, students choose healthy snacks to buy from the Co-op at cost, decide on a mark-up, then package items like cheese breadsticks, cakes and pickles to sell alongside prepackaged goods like locally-produced chocolate milk. At the end of the year, the students decide on worthy causes for the proceeds. Recent recipients have included the Red Cross, the Cancer Society, Society for the Prevention of Cruelty to Animals, the African Children's Fund, AIDS, Philabundance and the HEIFER project. The program started with the C. W. Henry School across the street and has since expanded to include five schools.

The Co-op's Mort Brooks Memorial Organic Farm is an urban intensive organic farm a few miles from Weavers Way at Awbury Arboretum in Germantown. Named after a member who was instrumental to the Co-op’s early success, the Mort Brooks Memorial Farm was founded in 2000. Since then, the harvest and the participation of students and volunteers has grown each year, as has the farm itself, which now occupies three-quarters of an acre and has a full-time horticulturalist.

candal

A bookkeeping scandal in 2002 nearly bankrupted the co-op - the co-op's bookkeeper had been concealing evidence that the co-op was losing money. Criminal charges against the bookkeeper were later settled, and there was no evidence that the bookkeeper personally used co-op funds or otherwise benefited from her mismanagement of the co-op's finances. The scandal exposed the need for the co-op to modernize and professionalize its practices, which has been done.

Growth

Over the last few years, Weavers Way has enjoyed growth in sales and in the bottom line. For the second year in a row (as of 2007), the co-op has achieved enough of a profit to bolster its capital reserves while at the same time distributing cash rebates to its members. While Weavers Way remains one of the few co-ops with a work requirement for all members, nonmembers are allowed to shop, although at a higher mark-up. Weavers Way's continued growth and success have reinvigorated plans to expand to a second, larger location, and in the wake of a successful market study, locations for such expansion are being studied.

External links

* [http://weaversway.coop Weaver's Way Co-op]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Weavers Way — For the Philadelphia co op see Weavers Way (co op) Infobox Hiking trail Name=Weavers Way Photo=Weavers Way.jpg Caption=Weavers Way Location=Norfolk Designation=UK National Trail Length=Convert|90|km|mi|0 Start/End Points= Use=Walking ElevChange=… …   Wikipedia

  • Witton Weavers Way — is a waymarked long distance footpath in Lancashire in the United Kingdom. Length of the route Witton Weavers Way runs for 51km (32 mi). The route The route comprises a network of four circular trails and traditionally starts at Witton Country… …   Wikipedia

  • Marriott's Way — The way at Thorpe Marriot village green near Taverham Length 21 miles (34 km) Location Norfolk, England Trailheads …   Wikipedia

  • Paston Way — Infobox Hiking trail Name=The Paston Way Photo= Paston Way Knapton Cutting 27 Jan 2008 (10).jpg Caption= Paston Way route marker Location=North east Norfolk Designation= Recreational walk Length=Convert| 32.1868|km|mi|0 Start/End Points=North… …   Wikipedia

  • Chichester to Silchester Way — Still in use; the road at Milland The Chichester to Silchester Way is a Roman Road between Chichester in South East England, which as Noviomagus was capital of the Regnenses, and Silchester or Calleva Atrebatum, capital of the Atrebates. The road …   Wikipedia

  • The Dream Weavers — was a popular music, vocal group, famous in the 1950s, formed at the University of Florida by Gene Adkinson (baritone and ukelele) and Wade Buff (lead vocals). CareerThe Dream Weavers consisted primarily of Gene Adkinson and Wade Buff. Other… …   Wikipedia

  • Houghton Weavers — The Houghton Weavers are an English folk music band formed in 1975 in Westhoughton, in the borough of Bolton in Lancashire, England. The current three band members are David Littler (acoustic guitar, banjo, mandolin, banjo ukulele, bouzouki,… …   Wikipedia

  • Dream Weavers — The Dream Weavers waren ein US amerikanisches Popmusik Duo, das insbesondere in den 1950ern sehr berühmt war. Gene Adkinson und Wade Buff gingen auf verschiedene Highschools, waren aber beide Mitglied im „The Greater Miami Boys‘ Drum and Bugle… …   Deutsch Wikipedia

  • The Dream Weavers — waren ein US amerikanisches Popmusik Duo, das in den 1950ern populär war. Gene Adkinson und Wade Buff gingen auf verschiedene Highschools, waren aber beide Mitglied im „The Greater Miami Boys‘ Drum and Bugle Corps“, einem 100 köpfigen Corps. Sie… …   Deutsch Wikipedia

  • Burnley Way — The Burnley Way is a 40 mile (64 km) long distance footpath in Lancashire, England. As a circular walk it can be walked from any point, but it is considered to start and finish at the Weavers Triangle Visitor Centre in Burnley. It covers a range… …   Wikipedia