Products in this store will meet the diverse grocery needs of
Northside residents and families. Affordable fresh produce,
assorted deli items, quality meats and diary, and a variety of
foods will be available. This new grocery will be a place where
everyone feels welcome. The success of this business will be
driven by the ideas and input of all its customers. Our Vision: This business would e
ventually be one of a
network of neighborhood groceries — all committed to creating
an affordable, innovative grocery option along with providing
family sustaining job opportunities. The launch of this grocery
is being guided by the Cincinnati Union Cooperative Initiative
(CUCI). CUCI is a non-profit organization that partners with
organizations and individuals to create worker-owned
businesses and support business models that focus on
building an economy that works for all. The success of this business will be driven by the ideas and input of all its customers. Who will own this business? Multi – Stakeholder Cooperative
This network of stores will be owned by individuals who purchase an Apple Street Market ownership share. Two groups will make up this multi-stakeholder cooperate. Consumers and store workers can purchase individual shares. Consumers
Store Workers
A Board of Directors will govern Apple Street Market. This Board will be elected by the two groups who make up the ownership of this business — consumers and store workers who have purchased Apple Street Marker ownership shares. Apple Street Market will eventually be one of a network of neighborhood groceries. The Benefits of Ownership
Becoming an owner of Apple Street Market is an investment that guarantees you a return—in good food, a healthier environment, and a vibrant local economy. Your purchase of an ownership share in Apple Street Market goes to support a business that cares about the community. Owners get to share in the satisfaction of knowing they are supporting the return of a walkable, affordable, full service grocery in Northside. Apple Street Market owners will receive:
Selective discounts
Informative newsletters
The right to run for a seat on the Board of Directors
A vote in electing their consumer-owner representatives
Patronage refunds in profitable years
Member-Ownership = $100 per share
Subsidized Member-Ownership = $10 per share if you qualify for SNAP or free and reduced lunch. One vote per share
Fully refundable
