Who We Are
Clifton Market was incorporated as a Coop in the State of Ohio in January, 2014. Everyone is invited to shop in Clifton Market. You do not have to own a Share, but if you would like to, you are welcome! We incorporated as a Coop to raise money for a common goal—“To put a grocery back in the grocery store!”
Keller’s IGA had been in this space from 1939-2011. When Keller’s closed, another IGA operator bought the building and gutted it. In 2013, he ran into personal difficulties and the construction stopped. A small group of Clifton residents and friends met in August, 2013 and decided to research the possibility of incorporating as a Coop. We researched coops and their bylaws across the country.
Our first public meeting where we offered Shares was March 15 at the Esquire Theatre, across the street from Clifton Market. We sold over 100 Shares the first day. People really wanted to “Put the Grocery Back in the Grocery Store!”
When you own a Share, you can make an Owner Loan. Between July 28, 2014 and December 21, Clifton Market raised $1.8 M in Shares, Owner Loans and Grants. We closed on $2.9 M in loans from National Coop Bank, Shared Cooperative Capital and the Finance Fund on December 22, 2015. Construction began in April, 2016 and we opened January 22, 2017!
Clifton Market is a testimonial to the coop form of incorporation which is a legal structure for sharing our money for a common goal. And everyone is welcome at Clifton Market! You do not have to own a Share to shop here—you just have to have fun shopping here!