- Associated Press - Thursday, October 8, 2015

POWELL, Wyo. (AP) - Powell’s community-owned store, The Merc, could close down if sales don’t pick up by the end of the year.

The Powell Tribune reports (https://bit.ly/1OnsLlg ) that the store has lost an average of more than $67,000 a year over the past five years.

In 2014, shareholders voted to keep the store open after facing the same financial struggles. The store has since catered more to female clientele, brought in a new board of directors and added merchandise in an effort to boost sales. But turning a profit remains difficult.

The Merc is owned by nearly 430 people connected to Powell, with most living in the area.

Board president, John Wetzel, says if everyone in Powell spent $10 to $20 at the store from now until Christmas, The Merc could stay open.


Information from: Powell (Wyo.) Tribune, https://www.powelltribune.com

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