Institutional stores own ICBA.
Membership in ICBA is open to any independent store. Independent is defined as institutional, as distinguished from private and lease-operated stores.
ICBA's core commitment is to provide the programs and services that will establish the institutional store model as the preferred management solution for higher education.
ICBA recognizes our core business as creating cooperative retail solutions for our owners.
A Corporate Board of Directors elected by the owners, from among the owners, governs ICBA.
ICBA discloses to member management all aspects of all agreements and discussions entered into on behalf of our members, except when prohibited by vendor-required confidentiality.
ICBA's principles of business include the highest professional and ethical actions, a "level playing field" for vendor competition, with primary consideration given to how vendor proposals contribute directly to stores’ success.
Merchandise and service programs are designed with direct input from buyers through surveys, task forces, negotiations and similar activities.
ICBA's process and methodology for vendor selection includes open decision-making, quality, price and value analysis, and the encouragement and opportunity for vendor initiatives.