It’s been years in the making, but the Saranac Lake Community Store is a go! The Board of Directors reached their $500,000 fundraising goal and hope to open their doors this summer.
From the store’s website:
The purpose of the Store is to provide merchandise that local shoppers need and want and cannot find within our current retail market. Community stores are locally owned by community members in contrast to the distant, corporate shareholders of national retailers. Community-owned stores are designed by residents to meet specific local shopping needs at fair prices. Everyone in the community is given the opportunity to invest in the store by buying shares. Buying shares is voluntary and the store is open to everyone, whether they are share holders or not.
This is an exciting venture that Dave and I have been keeping tabs on since before we moved here. I even think I mentioned it way back in this post. Needless to say, it’s an interesting business model and we’ll do everything we can to support it.