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Fairbanks' first member-owned co-op grocery marks 10 years in business

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Owners of the Co-op Market Grocery & Deli, founded in Fairbanks a decade ago, can ask for the store to stock items they want, and they vote in the board of directors.

Fairbanks’ Co-op Market Grocery & Deli board member Rich Seifert shops in the store.

“Some people do it for the discounts, but other people do it just ‘cause they believe in the idea,” she said.“It’s not some corporate big wig in another state. It is your local people, your community members,” McElroy said. Rich Seifert was one of the originators of the store. He said it took several years to make a profit, and the store has since weathered changes in the retail landscape in Fairbanks.

“It’s not just a little grocery store. It represents food security, a local economy,” “he said. We have standards that not all grocery stores have.”

 

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