The Park Slope Food Coop (PSFC) is a food cooperative located in the Park Slope neighborhood of Brooklyn in New York City. It is one of the oldest and largest active food co-ops in the United States. As a food cooperative, one of its goals is to be a "buying agent to its members, not a selling agent to any industry."[3] Non-members are welcome to visit the store, but may not shop.[citation needed]
Formed in 1973, PSFC had grown to include over 17,000 members as of April 2018.[2] The PSFC business model requires each of its adult members to contribute 2 hours and 45 minutes of work every six weeks, and that no member share a household with a non-member. In exchange, active members may shop at the store. The store sells a variety of foods and household goods, some environmentally friendly products, at a 21% markup over the wholesale price[2] (compared to 26-100% at a supermarket).[4] An additional temporary 4% markup was implemented in October 2020 to help the co-op offset the financial impacts of COVID-19. Members facing financial hardship may opt-out.[5] The savings are possible because labor is contributed by its members. PSFC operates as a New York state cooperative corporation.
^"PSFC Certificate of Incorporation - May, 1977". Retrieved June 18, 2019.
^ abcdFalkowitz, Max (April 19, 2018). "History of the Park Slope Food Coop". New York Magazine.
^"PSFC Mission Statement". Park Slope Food Coop. Retrieved June 18, 2019.
^Crowe, Aaron (February 18, 2011). "Biggest Grocery Store Markups: The Worst Deals in the Aisles". DailyFinance.
^"Coop Mark-Up Increase in Effect". Park Slope Food Coop. October 11, 2020.
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