J.S. Ferraro Q3 2021 Big Picture Market Outlook Webinar
EndsReportFY2016
1. Stephanie Kane – Local Purchasing Coordinator
Ends Report Fiscal Year 2016
Ends Report - Local
The sourcing of local product continues to be an important differentiator for the co-op against
our competition.
Local, as it relates to our mission, is described in our Ends:
E1. There will be a thriving and sustainable local economy providing meaningful jobs, goods
and services to our members and the community.
E2. Our community will have access to high quality, reasonably priced food, with an
emphasis on local, minimally processed and ethically produced goods.
Local Product Sourcing
Weavers Way defines “local” as products produced within about a 150 mile range of
Philadelphia. We sold over 2700 local products, purchased from 218 vendors. Of those, 170
are non-farm – product that is locally or regionally produced but the primary ingredients are
not local (i.e., hummus, bread, soap, etc.). About 48 grow and /or produce the primary
ingredient locally (produce, meat, cheese, yogurt, etc.).
FY 2016 Sales:
Local Total Sales
Local, as a Percentage of
Total Sales
$7.6 million $24.2 million 31%
Total Local product sales have increased year after year, though have slowed dramatically in
the past fiscal year. This is likely showing some saturation in our product line, and lines up
with slower total co-op growth.
The $7.5 million in sales is distributed between local products, at $5.8 million, and locally
grown products, at $1.8 million.
*Numbers in
millions
*Sales numbers in this report are based on items sold as recorded in the point of sale system. Due to
accounting procedures for handling discounts, these totals will not correspond perfectly to sales numbers in
our financial reports.
2. Local Sales as a percent of total sales:
New Local Products in 2016:
We expanded our local bakery offerings in Chestnut Hill with The Personal Chef,
Artisan Boulanger Pattisiere, and Bakerly.
Stryker Farm took over naturally raised and grass fed beef production after N.S.
Troutman closed their doors. The transition was rocky at first as owner Nolan Thevenet
expanded, but it afforded him the opportunity to grow his business, and we’re now getting
the same high quality meat from his networks of growers.
*Sales numbers in this report are based on items sold as recorded in the point of sale system. Due to
accounting procedures for handling discounts, these totals will not correspond perfectly to sales numbers in
our financial reports.