Valleyview Co-op has announced the permanent closure of its food store in Oak River, Manitoba, effective immediately. According to a media release today, the decision was made following a detailed review by management and the Board of Directors, who voted in favour of closure.
Over the past year, Valleyview Co-op has explored several scenarios to maintain operations at the location, including discussions with stakeholders and assessments of long-term sustainability. Two key factors contributed to the final decision to cease operations in Oak River: inadequate sales and profitability, as well as the building’s overall condition.
Valleyview Co-op General Manager David Wowk says his team is grateful for the support they have received from the Oak River community. “We are thankful to the Community Development Corporation and the Rural Municipality of Oakview for their engagement and support during this process. As well, we would like to acknowledge the support of our Valleyview Co-op members in Oak River. While this was not an easy decision, it was
made with careful consideration and a focus on long-term sustainability.”
The Oak River store became part of Valleyview Co-op following the 2018 amalgamation of Valleyview and Kenton Co-ops. Since then, Valleyview Co-op has continued to serve the community while navigating ongoing changes in the retail environment.
Wowk says the Valleyview Co-op Board of Directors is currently reviewing options for the Oak River building, aiming to make a responsible decision that considers its significant structural issues.
