What does it mean to be a member of a food co-op?

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I live in a city with a handful of different co-ops that I sometimes go to because of specific goodies and at check out they ask if I’m a member- which I am not.

All I know about co-ops if from an episode of Broad City (iykyk)

In: Economics

2 Answers

Anonymous 0 Comments

Joining a co-op basically means becoming a shareholder in the business. By buying into the co-op, you may gain benefits like discounts, profit sharing (perhaps in the form of a gift card to use at the store at end of the year), perhaps some sort of ability to voice opinions about the business (types of goods to carry, what benefits to offer employees, expansion).

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