Past Businesses
Over the years, The Corp has closed several businesses which failed to generate revenue it saw as sufficient to fund the organization's needs. A list of these businesses includes an ice cream store called The Cone Zone and the Full Exposure film developing business. One business, the Saxa Sundries drug store, was annexed by its sister business, the Vital Vittles grocery store, which continues to operate today.
| Food Co-op | 1972–1974 | The Food Co-op was the first business operated by the Corp and later became Vital Vittles. It was started in the basement of New South Hall, a dormitory on the Georgetown University campus. In its earliest form the Food Co-op sold only yogurt and Coca-Cola. |
| Record Co-op (or Audio Vittles) | 1973–1975 | One of the original businesses started by the Corp (and, during the Spring of 1973, its largest), the Record Co-op sold vinyl records out of the basement of Healy Hall for two years. It was renamed "Audio Vittles" when, in 1975, it merged with the Vital Vittles grocery store. In 1979 all record sales were transferred to Saxa Sundries. |
| Furniture Co-op | 1973-198? | Another of the original businesses started by the Corp, the Furniture Co-op sold used and discount furniture to nearly 700 students during its first year of operation. |
| Corp Shuttles | 1973-197? | An ancestor of the current Georgetown University Transportation Shuttles (GUTS), Corp Shuttles provided service to roughly 300 students living in Arlington, VA and the Alban Towers apartments in Washington, DC. The Shuttles were later replaced by the university's free GUTS system. |
| Corp Travel | 1974–2000 | One of the longest continually-operated business by the Corp, Corp Travel closed its doors in 2000 due to an increase in online travel planning. The Corp replaced Corp Travel with Full Exposure. |
| Saxa Sundries | 1979- | An original sister-store to Vital Vittles, Saxa Sundries sold non-food items to students for nearly twenty years. Both Vital Vittles and Saxa Sundries moved from the basement of Georgetown University's Copley Hall to the new Leavey Center in the early 1990s, where Saxa Sundries was assimilated into the operations of Vital Vittles. |
| Summer Storage | 1984–1990 | Summer Storage was resurrected in 1984 due to student demand. It was replaced in 1990 with Corp Shipping and Storage. |
| Shipping and Storage | 1990–2005 | In 1990, the Corp expanded its Summer Storage business with a new business which provided students with the option of shipping their belongings home during the summer break, in addition to storing their items on the Georgetown University campus. Shipping and Storage was replaced in 2005 when the Corp decided to cancel its shipping program. Today, Student Storage allows students to store their belongings on campus during the summer break, or either semester. |
| The Cone Zone | ||
| Corp Typing | ||
| Full Exposure | 2000–2005 | The most recently-closed Corp business was Full Exposure (or FX), a film developing service based in Georgetown University's Leavey Center.
In 2000, the Corp's Board of Directors acquired a $104,055 loan to purchase equipment for the opening of the new business. Throughout its existence, the business was plagued by competition with rapidly-improving digital photography technology. By the 2005 Fiscal Year, expenditures for FX rose to a total of $89,010, but increased digital camera usage by students hurt the business's revenues and, within 5 years, rendered it obsolete. |
Read more about this topic: Students Of Georgetown, Inc.
Famous quotes containing the word businesses:
“One of the first businesses of a sensible man is to know when he is beaten, and to leave off fighting at once.”
—Samuel Butler (1835–1902)