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The Shuttle June 2024

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Help Us Celeb rate THE OPENING OF OUR GERMANTOWN STORE

Community and Leaders Officially Welcome New Store by Karen Plourde, Editor, Weavers Way Shuttle

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crowd of about 125 gathered under cloudy skies

in the parking lot of 328 W. Chelten Ave. on May 17 to celebrate the culmination of three years of planning and preparation — the Co-op’s fourth store, Weavers Way Germantown, which opened two days before.

“This project simply could not have happened without the support of our elected officials at the local, state and federal level, without our financial partners and our community partners, and without the dedication of the Weavers Way staff,” said Jon Roesser, the Co-op’s general manager, who kicked off (Continued on back page)

SATURDAY, JUNE 15 Noon - 4 pm SUNDAY, JUNE 16 1 am - 2 pm

The Shuttle

Community-Owned, Open to Everyone

JUNE 2024

Since 1973 | The Newspaper of Weavers Way Co-op

Board Welcomes One New Face; Three Vets Will Return by the Weavers Way Leadership Committee

Cheryl Croxton

Vol. 52 | No. 5

Rainy Forecast Leads to Virtual GMM; Updates on Financials, Germantown by Barbara Sheehan, for the Shuttle

Jason Henschen

Photo by Amber Johnston

The group of local officials, Co-op staffers and others present for the Weavers Way Germantown ribbon cutting on May 17. Store manager James Mitchell is in the back row at left; General Manager Jon Roesser is to his right. Board President Cheryl Croxton is on the far right, back row.

R Ellen Badger

he 2024 Weavers Way Board

of Directors election concluded at the Spring General Membership Meeting on May 18, the day after the ribbon cutting for our Germantown store. It was an affirmation that the Board plays a critical role in decision making on policy, finance and the direction of our Co-op, which is why participating in the elections for the Board is so important.

Not all the concerns of the board are as impactful as those dealing with expansion. However, serving on our board requires taking on several responsibilities — along with the time, focus and commitment to fulfill them — generally for a term of three years. If re-elected, board members can serve for two consecutive three-year terms. (Continued on Page 6)

CHANGE SERVICE REQUESTED www.weaversway.coop 559 Carpenter Lane, Philadelphia, PA 19119 Weavers Way Cooperative Association

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Gail McFadden Roberts

ainy weather foiled plans for

an outdoor spring General Membership Meeting at Awbury Arboretum. So on May 18, instead of socializing at a happy hour with bites and beverages, approximately 80 members logged in via Zoom to hear the latest news about the Co-op from the Board of Directors and General Manager Jon Roesser. Recently re-elected Board Secretary Jason Henschen opened the meeting by praising the opening of Weavers Way Germantown on May 15. He encouraged everyone to “come out and visit your brand new store.” The bulk of the meeting was dedicated to General Manager Jon Roesser’s

mid-fiscal year review, which covered the unaudited numbers from July to Dec. 2023. He shared seven slides, in a format similar to the 2023 Annual Report for Members that was included in the May issue of the Shuttle. Financials & Local Industry News Roesser reported the net Co-op sales are strong at $18,668,097, with gross profit (the amount left over after purchases from vendors) of about 35.52%. Operating expenses were high during this period due to the expansion, but net income after taxes was $537,424. Along with the numbers, Roesser shared news from the grocery industry, (Continued on Page 6)

Member Appreciation FRI, JUN 14 - SUN, JUN 16 ALL LOCATIONS

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