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US: Nation’s First Non-profit Supermarket Opens

US: Nation’s First Non-profit Supermarket Opens

A hunger-relief agency’s pledge to build America’s first non-profit supermarket was greeted skeptically at first. However, Philabundance may be confounding local doubters. Its Fare & Square grocery store, seven years in the making, recently opened its doors in Chester, a low-income area lacking ready access to healthy food. Usually in the business of distributing donated food to pantries in the Delaware Valley, Philabundance has augmented its mission and become a store owner, charging prices eight to 10% lower than small urban grocers. Anyone can shop at the 16,000-sq. ft. store, but low-income people will be offered an advantage. Shoppers with annual incomes equal to or less than twice the federal poverty level of around $23,000 for a family of four can accrue 7% store credit each time they shop, to be applied toward future purchases. (Source: articles.philly.com)