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Grenfell Co-Op to close in St. Anthony after 105 years

President of the Grenfell Memorial Co-Op board of directors John Budgell speaks during its Annual General Meeting Tuesday night.
President of the Grenfell Memorial Co-Op board of directors John Budgell speaks during its Annual General Meeting Tuesday night. - Kyle Greenham

Membership passed motion to begin process of closing store

ST. ANTHONY, NL. - The St. Anthony Grenfell Co-Op is closing its doors after 105 years of servicing the region.

At its annual general meeting at the St. Anthony Lion's Club on Jan 23, the Grenfell Co-Op membership passed a motion to begin the process of closing down their store.

"It is with great regret that, after 105 years in business, I am coming to the members of Grenfell Memorial Co-Op to ask for a resolution to close our member store," said President of the board of directors John Budgell in a speech during the meeting. "We can no longer generate enough revenue from sales to procure products or pay employees."

A closing date has not yet been set.

The Northern Pen will have more information on this story tomorrow.

Related article:

Grenfell Co-op facing financial challenge

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