Resilient Ideas: Return of the Mercantile
When the last clothing shop in Powell, Wyo., closed its doors in 1999, townspeople started their own community-owned clothing store. Buying shares at $500 each, 800 residents raised a starting fund of $400,000. Powell’s Mercantile, also known as the “Merc,” restored a once-barren downtown with empty storefronts to a thriving shopping hub and saved residents a trip to neighboring towns or states to buy clothing.
“There are people in our town who don’t shop Wal-Mart. They shop at the Merc. They want to help support the local hometown,” says manager Joanne Anderson. The store has fared well through the recession so far, with daily sales in 2009 ranging from $1,500 to $5,000. And towns in Montana and Nevada have followed suit and started their own community-owned stores.
Tiffany Ran wrote this article for A Resilient Community, the Fall 2010 issue of YES! Magazine. Tiffany is an editorial intern at YES! Magazine.
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10 Resilient Ideas are part of A Resilient Community, the Fall 2010 issue of YES! Magazine.
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