BURLINGTON, Vt. (WCAX) – City Market in Burlington says it has cut 12 positions amid continuing financial struggles.
The downtown co-op cited declining sales, inflation, and a challenging business climate in Burlington’s downtown.
“These decisions were not made lightly, and our focus remains on ensuring that City Market, Onion River Co-op can continue serving our community in a sustainable way,” General Manager John Tashiro said in a statement to WCAX.
In an interview with Seven Days last year, co-op officials said sales at the co-op have stagnated since the pandemic, and the business is losing money each year — close to $470,000 in FY ‘24.
It comes nine years after the co-op expanded, opening a store in the South End.
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