August General Meeting Approves Temporary Markup Increase

By Christopher Cox
At the fourth General Meeting conducted via video, members voted in favor of a temporary increase in the standard markup applied to all products sold at the Coop, responding to the sharp drop in overall revenue during the pandemic. The meeting, held at 7:15 p.m. on August 25, was attended by 451 member-owners. They voted 368 to 63 to increase the markup from 21 to 25 percent, though individual members will be able to opt out of the price increase.
More