The National Cooperative Grocers Association (NCGA), a business services cooperative representing 109 food co-ops nationwide, today is reporting its member stores achieved more than $945 million in sales in 2007.
The sales total collectively place the nation’s co-ops among the top three grocers of natural, organic and local foods.
“As demand for natural and organic food continues to grow among consumers, we think it’s phenomenal that one of the nation’s original providers of organics – the neighborhood co-op – is part of a collective that’s grossing nearly $1 billion in sales,” said Robynn Shrader, chief executive officer for NCGA. “This growth comes in large part because co-op members and customers realize and appreciate the social, economic and healthful benefits of the co-op model.
“Our member co-ops seek to serve as their communities’ ideal source of local, organic and natural food as well as wellness products, provided by a staff that understands and is eager to inform customers about the benefits of these items,” she added. “And, it’s all carried out in a marketplace in which revenues go back into the local community and to local food producers and suppliers. We strive to help ensure the co-ops further grow this model and increase their outreach and revenues in the years to come.”
NCGA has set a goal of helping its member stores achieve $3 billion in combined sales by 2020.