Mission & Vision
Locally grown, Neighborhood owned.
Regent Market Cooperative is unique because it is a traditional neighborhood grocery store serving the Regent, Monroe and Vilas neighborhoods. We serve our members, the neighborhood and other customers by providing and operating a customer-focused retail grocery store on a financially sound basis.
Our Mission:
Our purpose is to care for our members and other customer’s needs by providing a wide product selection, outstandingly friendly and knowledgeable customer service, and by doing this better than any other conventional store in our area.
Our Vision:
To continue to excel in serving our customers grocery needs thereby creating growth of our annual sales to $1.5 million while maintaining gross margins of 32% and net margin of 7%.
In order to meet our vision, the following strategies/goals have been set:
- Encourage members to support their Co-Op by shopping at the co-op weekly and by offering suggestions on how we can better serve them.
- Verify our membership list to ensure that we have an accurate list of members for all member communications and their preferred method of receiving information.
- Communicate with in-store notices, email newsletters (RMC eNews), yard signs and updates to our websites.
- Expand our communication with appropriate advertising and creative marketing approaches.
- Recognizing that our Regent and Allen business district is a vital aspect of our community and important to the success of our store; we will fully participate in the Regent Allen Business Village
- Recognize the importance of buying locally grown/produced products by continuing to support local growers and producers as proud members of the Dane County Buy Local Initiative.
- Maintain and practice cooperative principles by continuing our strong advisory and reciprocal relationships with other Madison-area grocery cooperatives.
- Achieve weekly sales of at least $28,000 by increasing our members’ use of the co-op by continuing to evaluate our product offerings to determine that products in demand by our members are carried on our shelves and in our coolers/freezers.
- We will conduct weekly employee training, conduct regular customer service surveys, offer special store events and sales, and will continue to provide the RMC special order program.
- We will continue to improve our infrastructure by making full use of our point-of-sale system (CoPOS) for sales management, inventory management, and profitability management.
- Above all, we will focus on meeting the neighborhood grocery store needs of our members and other customers.