Rainbow Whole Foods
Grocery, Inc.
Board of Directors Meeting
5:40 November 15, 2005
Board Members Present: Luke Lundemo, Barbara Scobee, Ann Herlihy, Amy
Breckenridge, John McNeal, Nicole Jenkins
Also present: Steve
Whitlow, Karen Parker, Bruce Fraiser, and Charlotte Lundemo
A quorum was present
Karen Parker was presented
as a candidate for the Board of Directors. There was a brief question and
answer period. Karen was then approved unanimously to serve on the Board of
Directors of Rainbow.
Minutes Approved: The minutes of the October Board of Directors meeting were approved.
Member Input: There was no member input.
Managers Report: In Addition to a written report distributed to the board earlier, Steve
reported on the progress towards maximizing the square footage/sales for
Rainbow and the progress made towards moving supplements and HABA into the Eco
room. He feels that this move will be beneficial to Rainbow's future increase
in sales. He also mentioned the hard work and dedication that has gone into this
change.
Financial Report: Barbara Scobee distributed several financial reports showing our
profits and losses for October and comparing those numbers to the previous
month. We also reviewed our balance sheet in comparison to last month and a
statement of cash flow. She also presented a proposed budget for the next
fiscal year for review and comments. The Board will discuss this further next
month after Steve reviews it once more. Barbara also discussed making sure that
Rainbow follows all wage and hour laws especially as they apply to Rainbow
employees doing community outreach and education work.
Committee Reports: Luke presented a report from the Community Outreach Committee. Daniel
has agreed to be the chairman of this committee. Luke reported several projects
in the works including the fact that Earth Save has contacted Daniel about a
possible march in
Other Business: There was discussion about the parking problem during peak shopping
times at Rainbow. Amy has volunteered to continue to notify Rainbow employees
of the desirability of not parking the front of the store during peak shopping
times. Luke led a discussion of Maslow's hierarchy of needs and how Rainbow was
meeting these needs for both the customers and the employees.
A motion was made to adjourn. This motion was
seconded and passed. Meeting adjourned at 7:30 Minutes submitted by Ann Herlihy