Owners Vote Yes to Keep Kokua Open
On Saturday March 2 we had an owners meeting to share updates on our fundraising and plans to save Kokua Market. Sixty-one owners filled the room and supported the ongoing efforts to keep Kokua running.
In fundraising we exceeded our shares campaign goal, and have raised $167,000 so far and have secured an additional $120,000 in member & community loans, and $10,000 in donations/grants. There may be another $70,000 grant available this week—we should know soon.
We are excited to announce that given our success and the proposed plans forward (outlined below), the owners voted unanimously to spend the money raised through our proposed plan:
Phase 1: Use Equity, Get professional Interim General Manager (Wynston Estis arrives on March 11 to be our IGM for a few months) to restart store with new product mix & new operational standards. Includes plans to clean up store, improve signage, locate new suppliers, and invite new vendors to work with us. Our goal is to change our product mix, increase inventory and raise sales to $40-50,000 a week.
Phase 2: If successful with Phase 1, the Board will consider Phase 2, depending on our ability to secure additional investment capital. This phase would include getting new equipment, considering new departments, and hiring a second Interim General Manager.
How Can You Help?
Continue to support our fundraising by buying shares or donating to our Go Fund Me page
We need volunteers in the store for a face lift, so please e-mail firstname.lastname@example.org to volunteer
And, as usual, come shop 10am-6pm everyday. We are stocking more and more products every week and hope to return to normal and better than ever soon! Thank you!
Weʻll see you at the next Owners Meeting.
Come on by the store today!
Kokua Market is undergoing a period of transition—BUT we are still open. Spread the word and encourage your family and friends to keep shopping, as that helps us. We are excited for the future.
Spread the word—ask your friends and family to support relaunching Kokua. You can buy your shares online at this link. You can also use our downloadable form for becoming a new member or buying additional shares by check—Kokua Fundraising Letter. Of course, you can buy more share while in the store.
For more information on Board changes and new members, please see our newsletter here. For more information on recent events, deli and chef updates, check out our current newsletter here. Check out the Kokua 2020 flyer which shows our ideas for our new vision of Kokua.
We have two new chefs, awesome deli food as always, local eggs, local I’a poke, bulk is back, and local produce is stocked daily. We hope that through this period of change, you will continue to support us and invest in the future of your co-op!
Mahalo for your continuing kokua,
The Board of Directors
Our Owners Meeting for Saturday, February 23rd has been cancelled.
See you at the March meeting.
Saturday, March 2, 2-3:30 pm
The Waiwai Collective on University Ave.
Directions to the Waiwai Collective
What is Kokua Market?
Established in 1971, Kokua Market is the first natural foods cooperative in Hawaii, and the only one in Honolulu! We have high standards for what we carry, with a focus on fresh, local & organic products. Owner or not, anyone can shop at Kokua Market.
Our mission is to operate thriving grocery stores in accordance with cooperative principles and to promote healthy, sustainable living in Hawaii.
What is a Co-op?
A co-op is a business cooperatively owned by people with a shared vision and values. Becoming an owner of Kokua Market is an investment in the community's access to healthy and sustainable food. Our 4,000+ owners have a say in what we sell and how we operate. Scroll down for information on becoming an owner!
Shop Local & Vote With Your Dollars
Our goal is to provide our community with local, organic, and healthy food!
Shop at Kokua Market to vote with your dollars in supporting the local economy and creating a more sustainable food system.
Explore our many departments for a description of what we offer!
Join Our Community - Become an Owner!
What are the benefits of becoming an Owner? Becoming an Owner of Kokua Market is an investment in your health, our community, and the local economy. Benefits include:
Owners Advantage pricing (additional discounts on select items)
Discounted movie tickets to Consolidated Theaters ($8/ticket)
Owners Appreciation Weekend: 4 weekends/year, owners receive 15% off storewide.
Annual Meeting: a free dinner with Kokua managers, Board Members, and fellow owners to get updated on what's happening at the market
Electing Board Members: Kokua Market is governed by an owner-elected Board of Directors. Elections typically occur once a year
Have a say in your store! We truly value the opinion of our Owners and welcome suggestions to better serve you and the community as a whole
Volunteer: Volunteering at Kokua is a great way to become part of our team and experience what it is like to be part of a co-op. Volunteer three hours a week and receive a 15% discount on all your purchases at Kokua the following week. Just fill out an application at the cash registers, and our Volunteer Coordinator will get back to you.
How do I sign up?
A one-time $160* investment makes you a lifetime owner. Sign up online or in the store!
*A $10/month payment plan is available for those who prefer it