Word: coop
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...Coop members will receive a 5 percent rebate on last year’s purchases, the Coop announced yesterday...
However, the Coop should not need to charge almost twice as much on some books than certain online retailers to achieve these goals. Students should strongly consider looking elsewhere to make their purchases...
Granted, the Coop has some advantages for students. The Coop is open for over 12 hours a day—convenient for last minute grab on your way to class. And the Coop assists students by organizing its wares according to the Harvard course numbering system—allowing students to peruse the shelves, judge classes and examine the content of the books. For these services, the Coop should be expected to charge more than an online retailer, who have lower operating costs—they need only a warehouse and a smaller staff...
...issue here is a matter of degree. It seems as though the difference in prices is too large, even considering these additional services. While the number of online retailers selling textbooks insures that their prices will be competitive, the Coop does not face this pressure. They will only be forced to lower their prices if we students turn to the online market...
...Coop is genuinely dedicated to serving the communities of Harvard and MIT, and if enough students turn to online retailers this fall, then by the start of the spring term the Coop will have to arrive at a more reasonable definition of viability. Otherwise, when the nippy February weather comes around, I might just have to stay in and order from a website...